Is Radnor Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Radnor Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Radnor Township has remained a Seller's Market.

Key Takeaway

Radnor Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Radnor Township, IL

How much do homes in Radnor Township, IL cost?

Median Sold Price

$405,075

$131/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,075(+6.6%)

Key Takeaway

Homes in Radnor Township have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Radnor Township was $405,075 in November 2024, up 6.6% from last year, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $100K$120K
+20.0%
3 $325K$296K
-8.9%
4 $352.4K$416K
+18.0%
5+ $474.9K$495K
+4.2%

Summary: Radnor Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 18%, and 5+ bedroom homes increased by 4.2%.

Median Sold Price Compared To Nearby Cities

Radnor Township
+6.6%
Dunlap
+5.6%
Medina Township
+2.2%
Edwards
-12.7%
Kickapoo Township
-13.5%

Housing Supply in Radnor Township, IL

How many homes are available in Radnor Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1714-17.6%

Summary: The Radnor Township real estate market had 14 homes for sale in November 2024, a 17.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 64
-33.3%
4 67
+16.7%
5+ 53
-40.0%

Summary: The Radnor Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Radnor Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Radnor Township in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Radnor Township, IL

How long does it take to sell a home in Radnor Township, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days55 Days+145.1%

Summary: Homes in Radnor Township had an average of 55 days on market in Nov 2024, up by 145.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Radnor Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Radnor Township; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Radnor Township, IL

Nearby Markets to Radnor Township, IL

What housing markets are near Radnor Township, IL?