Is Burlington 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, Burlington Township was a Seller's Market.
Housing Prices in Burlington Township, IL
How much do homes in Burlington Township, IL cost?
Median Sold Price
$429,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Burlington Township was $429,000 in May 2024, up 0.8% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $635K | - | N/A |
3 Bedrooms | $336.9K | $205K | -39.2% |
4 Bedrooms | $429.9K | $483.5K | +12.4% |
5+ Bedrooms | $525K | $345K | -34.3% |
Summary: Burlington 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 did not change, 3 bedroom homes decreased by 39.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 34.3%.
Median Sold Price Compared To Nearby Cities
Genoa Township | $228K | $252.5K | +10.7% |
Plato Township | $485K | $524.9K | +8.2% |
Hampshire Township | $350.3K | $373K | +6.5% |
Burlington Township | $425.4K | $429K | +0.8% |
Housing Supply in Burlington Township, IL
How many homes are available in Burlington Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Summary: The Burlington Township real estate market had 11 homes for sale in May 2024, a 37.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Burlington Township housing inventory by bedroom type for May 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 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Burlington Township in May 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Burlington Township, IL
How long does it take to sell a home in Burlington Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 5 Days | -84.4% |
Summary: Homes in Burlington Township had an average of 5 days on market in May 2024, down by 84.4% 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
Summary: During May 2024, 1 homes were sold in Burlington 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.