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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Shiloh Valley Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Shiloh Valley Township, IL

How much do homes in Shiloh Valley Township, IL cost?

Median Sold Price

$384,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,000(+9.7%)

Key Takeaway

Homes in Shiloh Valley Township have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Shiloh Valley Township was $384,000 in November 2024, up 9.7% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $132K$135K
+2.3%
3 $280K$304.4K
+8.7%
4 $399.9K$399.7K
0%
5+ $406K$438.7K
+8.1%

Summary: Shiloh Valley 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 2.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Shiloh Valley Township
+9.7%
Mascoutah
+5.7%
Mascoutah Township
+5.7%
Shiloh
+5.6%

Housing Supply in Shiloh Valley Township, IL

How many homes are available in Shiloh Valley Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
31310.0%

Summary: The Shiloh Valley Township real estate market had 31 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 810
+25.0%
4 1715
-11.8%
5+ 43
-25.0%

Summary: The Shiloh Valley 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 increased by 50%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Shiloh Valley Township, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Shiloh Valley Township in November 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 71% were sold at asking, and 14% were sold over asking.

Days on Market for Shiloh Valley Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
102 Days54 Days-46.2%

Summary: Homes in Shiloh Valley Township had an average of 54 days on market in Nov 2024, down by 46.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Shiloh Valley Township has remained consistent over time.

Summary: During November 2024, 7 homes were sold in Shiloh Valley Township; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 21 Days Ago

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Newest Listings in Shiloh Valley Township, IL

Nearby Markets to Shiloh Valley Township, IL

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MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System, and RMLS Alliance for the period 12/01/2022 - 12/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:53:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 11:51:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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