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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Creek Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sugar Creek Township was a Neutral Market.

Key Takeaway

Sugar Creek Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sugar Creek Township, IL

How much do homes in Sugar Creek Township, IL cost?

Median Sold Price

$208,000

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$27,000(-11.5%)

Key Takeaway

Homes in Sugar Creek Township have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Sugar Creek Township was $208,000 in November 2024, down 11.5% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$160K
N/A
2 $145K$182.5K
+25.9%
3 $250K$197.5K
-21.0%
4 $329K$325K
-1.2%
5+ $380K$435K
+14.5%

Summary: Sugar Creek 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 25.9%, 3 bedroom homes decreased by 21%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 14.5%.

Median Sold Price Compared To Nearby Cities

Lebanon Township
0.0%
Breese Township
-7.2%
Sugar Creek Township
-11.5%

Housing Supply in Sugar Creek Township, IL

How many homes are available in Sugar Creek Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1214+16.7%

Summary: The Sugar Creek Township real estate market had 14 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 01
+100.0%
3 77
0.0%
4 53
-40.0%
5+ 02
+100.0%

Summary: The Sugar Creek Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were 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 Sugar Creek Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sugar Creek Township in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sugar Creek Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days40 Days+25.0%

Summary: Homes in Sugar Creek Township had an average of 40 days on market in Nov 2024, up by 25% compared to last year.

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 Sugar Creek Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Sugar Creek 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 17 Days Ago

Newest Listings in Sugar Creek Township, IL

Nearby Markets to Sugar Creek Township, IL

What housing markets are near Sugar Creek Township, IL?