Is Dry Grove 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, Dry Grove Township has remained a Seller's Market.
Housing Prices in Dry Grove Township, IL
How much do homes in Dry Grove Township, IL cost?
Median Sold Price
$332,250
$108/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dry Grove Township was $332,250 in May 2024, up 15.6% from last year, and the median price per square foot was $108.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $695K | N/A |
2 Bedrooms | - | $264.5K | N/A |
3 Bedrooms | $228K | $305K | +33.8% |
4 Bedrooms | $275K | $430K | +56.4% |
5+ Bedrooms | $507.7K | - | N/A |
Summary: Dry Grove 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 increased by 33.8%, 4 bedroom homes increased by 56.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Normal Township | $215.5K | $250K | +16.0% |
Dry Grove Township | $287.5K | $332.2K | +15.6% |
Normal | $220K | $250K | +13.6% |
White Oak Township | $203.3K | $192K | -5.6% |
Housing Supply in Dry Grove Township, IL
How many homes are available in Dry Grove Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 6 | +100.0% |
Summary: The Dry Grove Township real estate market had 6 homes for sale in May 2024, a 100.0% 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 | 0 | 0.0% |
3 Bedrooms | 2 | 5 | +150.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dry Grove 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 remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Dry Grove Township in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Dry Grove Township, IL
How long does it take to sell a home in Dry Grove Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
3 Days | 19 Days | +457.1% |
Summary: Homes in Dry Grove Township had an average of 19 days on market in May 2024, up by 457.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Dry Grove 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.