Is Sugar Creek 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, Sugar Creek Township has remained a Seller's Market.
Housing Prices in Sugar Creek Township, IL
How much do homes in Sugar Creek Township, IL cost?
Median Sold Price
$206,250
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sugar Creek Township was $206,250 in May 2024, down 19.4% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $160K | N/A |
2 Bedrooms | $135.5K | $143.7K | +6.1% |
3 Bedrooms | $245K | $200K | -18.4% |
4 Bedrooms | $365K | $329K | -9.9% |
5+ Bedrooms | - | $380K | N/A |
Summary: Sugar Creek 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 6.1%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes decreased by 9.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Breese Township | $197.4K | $250K | +26.6% |
Trenton | $205K | $245K | +19.5% |
Lebanon Township | $170K | $198K | +16.5% |
Sugar Creek Township | $256K | $206.2K | -19.4% |
Housing Supply in Sugar Creek Township, IL
How many homes are available in Sugar Creek Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Summary: The Sugar Creek Township real estate market had 15 homes for sale in May 2024, a 25.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sugar Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Sugar Creek Township in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Sugar Creek Township, IL
How long does it take to sell a home in Sugar Creek Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
36 Days | 20 Days | -43.5% |
Summary: Homes in Sugar Creek Township had an average of 20 days on market in May 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Sugar Creek Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.