Is Tyrone Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Tyrone Township was a Seller's Market.
Housing Prices in Tyrone Township, IL
How much do homes in Tyrone Township, IL cost?
Median Sold Price
$54,030
$52/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tyrone Township was $54,030 in May 2024, down 24.9% from last year, and the median price per square foot was $52.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | $23K | -48.9% |
2 Bedrooms | $66.9K | $57.7K | -13.7% |
3 Bedrooms | $125K | $41K | -67.1% |
4 Bedrooms | $100K | $142.2K | +42.3% |
5+ Bedrooms | $415K | $274K | -34.0% |
Summary: Tyrone Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.9%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes decreased by 67.1%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes decreased by 34%.
Housing Supply in Tyrone Township, IL
How many homes are available in Tyrone Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Summary: The Tyrone Township real estate market had 22 homes for sale in May 2024, a 15.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Tyrone Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 25%, 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
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Tyrone Township in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Tyrone Township, IL
How long does it take to sell a home in Tyrone Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 8 Days | -86.1% |
Summary: Homes in Tyrone Township had an average of 8 days on market in May 2024, down by 86.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Tyrone 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.