$23,000
1.33 Acres
Land
Listing Office: Keller Williams Pinnacle
Is Sugar Loaf Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Sugar Loaf Township was a Seller's Market.
Key Takeaway
Sugar Loaf Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sugar Loaf Township, IL
How much do homes in Sugar Loaf Township, IL cost?
Median Sold Price
$135,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+5.1%)
Key Takeaway
Homes in Sugar Loaf Township have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Sugar Loaf Township was $135,000 in October 2024, up 5.1% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $109K | N/A |
| 2 Bedrooms | $93.5K | $100K | +7.0% |
| 3 Bedrooms | $146K | $143K | -2.1% |
| 4 Bedrooms | $189.5K | $179.5K | -5.3% |
| 5+ Bedrooms | $55K | $316.5K | +475.5% |
Summary: Sugar Loaf 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 7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes increased by 475.5%.
Housing Supply in Sugar Loaf Township, IL
How many homes are available in Sugar Loaf Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 14 | -12.5% |
Summary: The Sugar Loaf Township real estate market had 14 homes for sale in October 2024, a 12.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 8 | 9 | +12.5% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sugar Loaf Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Sugar Loaf 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 Sugar Loaf Township in October 2024, down by 75.0% 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 Sugar Loaf Township, IL
How long does it take to sell a home in Sugar Loaf Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 26 Days | +86.6% |
Summary: Homes in Sugar Loaf Township had an average of 26 days on market in Oct 2024, up by 86.6% compared to last year.
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
Key Takeaway
Many homes in Sugar Loaf Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Sugar Loaf 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.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.