$3,848 Closing Credit*
$324,000
2,306 SqFt
3 Beds
•2 Full Baths, 1 Partial
Listing Office: Equity Realty Group, LLC
Is Sugar Creek Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Sugar Creek Township has remained a Seller's Market.
Key Takeaway
Sugar Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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 October 2023
-$42,000(-16.8%)
Key Takeaway
Homes in Sugar Creek Township have sold for 16.8% less than they did a year ago.
Summary: The median home sold price in Sugar Creek Township was $208,000 in October 2024, down 16.8% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $160K | N/A |
| 2 Bedrooms | $140.2K | $205K | +46.2% |
| 3 Bedrooms | $255K | $195K | -23.5% |
| 4 Bedrooms | $319.5K | $325K | +1.7% |
| 5+ Bedrooms | $380K | $435K | +14.5% |
Summary: Sugar Creek Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.2%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Cities
| Lebanon Township | $185K | $214.5K | +15.9% |
| Breese Township | $250K | $230K | -8.0% |
| Aviston | $257K | $230.4K | -10.3% |
| Sugar Creek Township | $250K | $208K | -16.8% |
Housing Supply in Sugar Creek Township, IL
How many homes are available in Sugar Creek Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Sugar Creek Township real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Sugar Creek Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Creek Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sugar Creek Township in October 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 57 Days | 34 Days | -39.7% |
Summary: Homes in Sugar Creek Township had an average of 34 days on market in Oct 2024, down by 39.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sugar Creek Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 3 homes were sold in Sugar Creek Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.