$3,859 Closing Credit*
$325,000
4 Beds
•3 Full Baths
Listing Office: Full Circle Realty
Is Teutopolis Township, 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, Teutopolis Township has remained a Seller's Market.
Key Takeaway
Teutopolis Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Teutopolis Township, IL
How much do homes in Teutopolis Township, IL cost?
Median Sold Price
$281,000
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,500(+3.9%)
Key Takeaway
Homes in Teutopolis Township have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Teutopolis Township was $281,000 in November 2024, up 3.9% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $190.2K | $129.9K | -31.7% |
| 3 Bedrooms | $227.7K | $244.9K | +7.6% |
| 4 Bedrooms | $364.9K | $375K | +2.8% |
| 5+ Bedrooms | $487.5K | - | N/A |
Summary: Teutopolis 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 decreased by 31.7%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Teutopolis Township | $270.5K | $281K | +3.9% |
| Effingham | $219.9K | $222.9K | +1.4% |
| Douglas Township | $192K | $193K | 0.5% |
Housing Supply in Teutopolis Township, IL
How many homes are available in Teutopolis Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Teutopolis Township real estate market had 5 homes for sale in November 2024, a 28.6% 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Teutopolis Township 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
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 Teutopolis 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 Teutopolis Township in November 2024, the same as the previous 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 Teutopolis Township, IL
How long does it take to sell a home in Teutopolis Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 74 Days | 61 Days | -16.9% |
Summary: Homes in Teutopolis Township had an average of 61 days on market in Nov 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Teutopolis Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Teutopolis Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
