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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stevenson Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Stevenson Township, IL

How much do homes in Stevenson Township, IL cost?

Median Sold Price

$359,000

$118/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$148,699(+70.7%)

Key Takeaway

Homes in Stevenson Township have sold for 70.7% more than they did a month ago.

Summary: The median home sold price in Stevenson Township was $359,000 in October 2024, up 70.7% from last month, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$345K
N/A
4 $210.3K$373K
+77.4%
5+ --
N/A

Summary: Stevenson 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 77.4%, and 5+ bedroom homes did not change.

Housing Supply in Stevenson Township, IL

How many homes are available in Stevenson Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
54-20.0%

Summary: The Stevenson Township real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 11
0.0%
4 42
-50.0%
5+ 00
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stevenson Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Stevenson Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Stevenson Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
14 Days42 Days+203.6%

Summary: Homes in Stevenson Township had an average of 42 days on market in Oct 2024, up by 203.6% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

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

Summary: During October 2024, 2 homes were sold in Stevenson Township; 50% of homes were sold within 30 days, 50% 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 Stevenson Township, IL

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