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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sand Prairie Township is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Sand Prairie Township was a Seller's Market.

Key Takeaway

Sand Prairie Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Sand Prairie Township, IL

How much do homes in Sand Prairie Township, IL cost?

Median Sold Price

$399,900

$161/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$216,000(+117.5%)

Key Takeaway

Homes in Sand Prairie Township have sold for 117.5% more than they did a month ago.

Summary: The median home sold price in Sand Prairie Township was $399,900 in October 2024, up 117.5% from last month, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $109.9K-
N/A
4 $257.9K$399.9K
+55.1%
5+ --
N/A

Summary: Sand Prairie Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 55.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sand Prairie Township
+117.5%
Green Valley
+59.0%

Housing Supply in Sand Prairie Township, IL

How many homes are available in Sand Prairie Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
76-14.3%

Summary: The Sand Prairie Township real estate market had 6 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 33
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Sand Prairie 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 remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sand Prairie Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Sand Prairie Township in October 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Sand Prairie Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days64 Days+50.6%

Summary: Homes in Sand Prairie Township had an average of 64 days on market in Oct 2024, up by 50.6% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sand Prairie Township has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Sand Prairie Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Sand Prairie Township, IL

Nearby Markets to Sand Prairie Township, IL

What housing markets are near Sand Prairie Township, IL?