$2,291 Closing Credit*
$192,900
1,971 SqFt
3 Beds
•2 Full Baths
Chris Holvoet, Listing Office: 3% Listing Company, LLC
Is Taylor Ridge, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Taylor Ridge has remained a Seller's Market.
Key Takeaway
Taylor Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Taylor Ridge, IL
How much do homes in Taylor Ridge, IL cost?
Median Sold Price
$193,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$100,000(-34.1%)
Key Takeaway
Homes in Taylor Ridge have sold for 34.1% less than they did a year ago.
Summary: The median home sold price in Taylor Ridge was $193,000 in November 2024, down 34.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | - | N/A |
| 2 Bedrooms | $208.2K | $193K | -7.3% |
| 3 Bedrooms | $329K | $180K | -45.3% |
| 4 Bedrooms | $347K | $260K | -25.1% |
| 5+ Bedrooms | $249K | - | N/A |
Summary: Taylor Ridge 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 decreased by 7.3%, 3 bedroom homes decreased by 45.3%, 4 bedroom homes decreased by 25.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Andalusia Township | $247.4K | $236.5K | -4.4% |
| Taylor Ridge | $293K | $193K | -34.1% |
Housing Supply in Taylor Ridge, IL
How many homes are available in Taylor Ridge, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Summary: The Taylor Ridge real estate market had 9 homes for sale in November 2024, a 18.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 3 | -40.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Taylor Ridge 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 decreased by 40%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Taylor Ridge, 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 Taylor Ridge in November 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Taylor Ridge, IL
How long does it take to sell a home in Taylor Ridge, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 7 Days | 19 Days | +176.2% |
Summary: Homes in Taylor Ridge had an average of 19 days on market in Nov 2024, up by 176.2% 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 Taylor Ridge are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Taylor Ridge; 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 RMLS Alliance as distributed by MLS GRID.