$5,344 Closing Credit*
$450,000
3,577 SqFt
4 Beds
•4 Full Baths
Wendy Kolbus, Listing Office: RE/MAX Traders Unlimited
Is Radnor Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$400,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$45,050(+12.7%)
Key Takeaway
Homes in Radnor Township have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in Radnor Township was $400,000 in October 2024, up 12.7% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $105K | $120K | +14.3% |
| 3 Bedrooms | $275K | $273.5K | -0.5% |
| 4 Bedrooms | $337K | $400K | +18.7% |
| 5+ Bedrooms | $490K | $480K | -2.0% |
Summary: Radnor Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 2%.
Median Sold Price Compared To Nearby Cities
| Radnor Township | $354.9K | $400K | +12.7% |
| Dunlap | $354.9K | $369.5K | +4.1% |
| Medina Township | $315K | $322K | +2.2% |
| Edwards | $385.5K | $347.5K | -9.9% |
| Kickapoo Township | $357K | $311K | -12.9% |
Housing Supply in Radnor Township, IL
How many homes are available in Radnor Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 16 | -23.8% |
Summary: The Radnor Township real estate market had 16 homes for sale in October 2024, a 23.8% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 6 | -14.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Radnor Township housing inventory by bedroom type for October 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 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Radnor Township, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Radnor Township in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 29% were sold at asking, and 43% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 17 Days | +56.2% |
Summary: Homes in Radnor Township had an average of 17 days on market in Oct 2024, up by 56.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Radnor Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Radnor Township; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.