Is Aux Sable Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Aux Sable Township has remained a Seller's Market.
Housing Prices in Aux Sable Township, IL
How much do homes in Aux Sable Township, IL cost?
Median Sold Price
$340,250
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Aux Sable Township was $340,250 in May 2024, up 12.4% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $200K | $240K | +20.0% |
3 Bedrooms | $285K | $329.9K | +15.8% |
4 Bedrooms | $360K | $376.2K | +4.5% |
5+ Bedrooms | $418K | $375K | -10.3% |
Summary: Aux Sable Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes decreased by 10.3%.
Housing Supply in Aux Sable Township, IL
How many homes are available in Aux Sable Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 53 | +17.8% |
Summary: The Aux Sable Township real estate market had 53 homes for sale in May 2024, a 17.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 21 | 25 | +19.0% |
4 Bedrooms | 17 | 20 | +17.6% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Aux Sable Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 19%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Aux Sable Township in May 2024, up by 14.3% month-over-month. Of the 16 sold homes, 31% were sold under asking, 0% were sold at asking, and 69% were sold over asking.
Days on Market for Aux Sable Township, IL
How long does it take to sell a home in Aux Sable Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 24 Days | -5.5% |
Summary: Homes in Aux Sable Township had an average of 24 days on market in May 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Aux Sable Township; 81% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.