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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nunda Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Nunda Township, IL

How much do homes in Nunda Township, IL cost?

Median Sold Price

$338,450

$179/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$33,460(+11.0%)

Key Takeaway

Homes in Nunda Township have sold for 11% more than they did a year ago.

Summary: The median home sold price in Nunda Township was $338,450 in April 2024, up 11% from last year, and the median price per square foot was $179.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $97.5K$124.9K
+28.1%
2 $215K$223.2K
+3.8%
3 $285.3K$310K
+8.6%
4 $420K$462.4K
+10.1%
5+ $520K$562.5K
+8.2%

Summary: Nunda Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.1%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Cities

Crystal Lake
+21.7%
Nunda Township
+11.0%
Prairie Grove
+1.1%

Housing Supply in Nunda Township, IL

How many homes are available in Nunda Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
140172+22.9%

Summary: The Nunda Township real estate market had 172 homes for sale in April 2024, a 22.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 03
+100.0%
2 1826
+44.4%
3 6576
+16.9%
4 4954
+10.2%
5+ 813
+62.5%

Summary: The Nunda Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 62.5%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4143+4.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nunda Township, you could pay more than the asking price. 51.2% of homes here sold above asking price last month.

Summary: A total of 43 homes were sold or pending in Nunda Township in April 2024, up by 4.9% month-over-month. Of the 43 sold homes, 40% were sold under asking, 9% were sold at asking, and 51% were sold over asking.

Days on Market for Nunda Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days18 Days-25.7%

Summary: Homes in Nunda Township had an average of 18 days on market in Apr 2024, down by 25.7% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 43 homes were sold in Nunda Township; 86% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 2% 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 Nunda Township, IL

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