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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zuma Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Zuma Township has remained a Seller's Market.

Key Takeaway

Zuma Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Zuma Township, IL

How much do homes in Zuma Township, IL cost?

Median Sold Price

$330,000

$133/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$220,000(-40.0%)

Key Takeaway

Homes in Zuma Township have sold for 40% less than they did a month ago.

Summary: The median home sold price in Zuma Township was $330,000 in November 2024, down 40% from last month, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $550K$330K
-40.0%
5+ --
N/A

Summary: Zuma Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 40%, and 5+ bedroom homes did not change.

Housing Supply in Zuma Township, IL

How many homes are available in Zuma Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The Zuma Township real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The Zuma 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zuma Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Zuma Township in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Zuma Township, IL

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

Average Sale Time

Oct 2024Nov 2024CHANGE
48 Days36 Days-25.0%

Summary: Homes in Zuma Township had an average of 36 days on market in Nov 2024, down by 25% compared to last month.

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 Zuma Township has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Zuma 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 21 Days Ago

Newest Listings in Zuma Township, IL

Nearby Markets to Zuma Township, IL

What housing markets are near Zuma Township, IL?