Is Sangamon 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, Sangamon Township has remained a Seller's Market.
Housing Prices in Sangamon Township, IL
How much do homes in Sangamon Township, IL cost?
Median Sold Price
$372,900
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sangamon Township was $372,900 in April 2024, up 2.5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $89.9K | $484.9K | +439.4% |
3 Bedrooms | $385K | $320K | -16.9% |
4 Bedrooms | $368.9K | $388.7K | +5.3% |
5+ Bedrooms | $900K | $365K | -59.4% |
Summary: Sangamon 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 439.4%, 3 bedroom homes decreased by 16.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 59.4%.
Median Sold Price Compared To Nearby Cities
Monticello Township | $180K | $255K | +41.7% |
Monticello | $180K | $253.8K | +41.0% |
Sangamon Township | $363.7K | $372.9K | +2.5% |
Housing Supply in Sangamon Township, IL
How many homes are available in Sangamon Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 16 | +6.7% |
Summary: The Sangamon Township real estate market had 16 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sangamon 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Sangamon Township in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Sangamon Township, IL
How long does it take to sell a home in Sangamon Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 33 Days | +725.0% |
Summary: Homes in Sangamon Township had an average of 33 days on market in Apr 2024, up by 725% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Sangamon Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.