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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nixon Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Nixon Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Nixon Township, IL

How much do homes in Nixon Township, IL cost?

Median Sold Price

$97,750

$74/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,750(+2.9%)

Key Takeaway

Homes in Nixon Township have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Nixon Township was $97,750 in April 2024, up 2.9% from last year, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$12K
N/A
2 $44.9K$71.7K
+59.6%
3 $97.2K$121.9K
+25.3%
4 --
N/A
5+ $355K-
N/A

Summary: Nixon Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 59.6%, 3 bedroom homes increased by 25.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Weldon
+26.2%
Nixon Township
+2.9%

Housing Supply in Nixon Township, IL

How many homes are available in Nixon Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
13+200.0%

Summary: The Nixon Township real estate market had 3 homes for sale in April 2024, a 200.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 12
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Nixon Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nixon Township, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Nixon Township in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Nixon Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
64 Days16 Days-75.0%

Summary: Homes in Nixon Township had an average of 16 days on market in Apr 2024, down by 75% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nixon Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Nixon Township; 100% of homes were sold within 30 days, 0% 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 22 Days Ago

Newest Listings in Nixon Township, IL

Nearby Markets to Nixon Township, IL