Is Dorr Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dorr Township has remained a Seller's Market.
Housing Prices in Dorr Township, IL
How much do homes in Dorr Township, IL cost?
Median Sold Price
$309,500
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dorr Township was $309,500 in April 2024, up 11.7% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $112K | +9.3% |
2 Bedrooms | $185K | $209.5K | +13.2% |
3 Bedrooms | $270K | $285K | +5.6% |
4 Bedrooms | $339.9K | $375K | +10.3% |
5+ Bedrooms | $455K | $565.5K | +24.3% |
Summary: Dorr Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 24.3%.
Median Sold Price Compared To Nearby Cities
Crystal Lake | $285.6K | $347.7K | +21.7% |
Woodstock | $260.3K | $298.9K | +14.8% |
Dorr Township | $277K | $309.5K | +11.7% |
Lakewood | $490.5K | $527K | +7.4% |
Bull Valley | $569K | $582.5K | +2.4% |
Housing Supply in Dorr Township, IL
How many homes are available in Dorr Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 75 | +11.9% |
Summary: The Dorr Township real estate market had 75 homes for sale in April 2024, a 11.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 20 | 28 | +40.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Dorr Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Dorr Township in April 2024, up by 22.7% month-over-month. Of the 27 sold homes, 33% were sold under asking, 19% were sold at asking, and 48% were sold over asking.
Days on Market for Dorr Township, IL
How long does it take to sell a home in Dorr Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 51 Days | +109.9% |
Summary: Homes in Dorr Township had an average of 51 days on market in Apr 2024, up by 109.9% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Dorr Township; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.