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 seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sand Prairie Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Sand Prairie Township, IL

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

Median Sold Price

$170,000

$151/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$26,000(-13.3%)

Key Takeaway

Homes in Sand Prairie Township have sold for 13.3% less than they did a month ago.

Summary: The median home sold price in Sand Prairie Township was $170,000 in December 2024, down 13.3% from last month, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $115K$135K
+17.4%
4 $277K$205K
-26.0%
5+ --
N/A

Summary: Sand Prairie Township housing prices by bedroom type for December 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 increased by 17.4%, 4 bedroom homes decreased by 26%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Sand Prairie Township
-13.3%
Green Valley
-13.3%

Housing Supply in Sand Prairie Township, IL

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

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
550.0%

Summary: The Sand Prairie Township real estate market had 5 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 32
-33.3%
4 21
-50.0%
5+ 00
0.0%

Summary: The Sand Prairie Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sand Prairie Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Sand Prairie Township in December 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Nov 2024Dec 2024CHANGE
54 Days2 Days-95.4%

Summary: Homes in Sand Prairie Township had an average of 2 days on market in Dec 2024, down by 95.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Sand Prairie Township; 100% of homes were sold within 30 days, 0% 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 10 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?