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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Squaw Grove Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Squaw Grove Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Squaw Grove Township, IL

How much do homes in Squaw Grove Township, IL cost?

Median Sold Price

$272,500

$163/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$260,000(-48.8%)

Key Takeaway

Homes in Squaw Grove Township have sold for 48.8% less than they did a month ago.

Summary: The median home sold price in Squaw Grove Township was $272,500 in November 2024, down 48.8% from last month, and the median price per square foot was $163.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $344.5K$272.5K
-20.9%
4 $615K-
N/A
5+ $619.9K-
N/A

Summary: Squaw Grove Township housing prices by bedroom type for November 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 decreased by 20.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hinckley
+14.0%
Squaw Grove Township
-48.8%

Housing Supply in Squaw Grove Township, IL

How many homes are available in Squaw Grove Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1521+40.0%

Summary: The Squaw Grove Township real estate market had 21 homes for sale in November 2024, a 40.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 914
+55.6%
4 57
+40.0%
5+ 10
-100.0%

Summary: The Squaw Grove 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 increased by 55.6%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

2 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 Squaw Grove Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Squaw Grove Township in November 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Squaw Grove Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
17 Days5 Days-69.6%

Summary: Homes in Squaw Grove Township had an average of 5 days on market in Nov 2024, down by 69.6% compared to last month.

Breakdown of Home Sale Times

4 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 Squaw Grove Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Squaw Grove 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 17 Days Ago

Newest Listings in Squaw Grove Township, IL

Nearby Markets to Squaw Grove Township, IL

What housing markets are near Squaw Grove Township, IL?