Is Greenville Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenville Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Greenville Township has remained a Seller's Market.

Key Takeaway

Greenville Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenville Township, IL

How much do homes in Greenville Township, IL cost?

Median Sold Price

$143,000

$95/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$2,750(+2.0%)

Key Takeaway

Homes in Greenville Township have sold for 2% more than they did a year ago.

Summary: The median home sold price in Greenville Township was $143,000 in May 2024, up 2% from last year, and the median price per square foot was $95.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $59K$73K
+23.7%
2 $76.2K$114K
+49.5%
3 $153K$152K
-0.7%
4 $315K$208K
-34.0%
5+ $230K$315K
+37.0%

Summary: Greenville Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 49.5%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes decreased by 34%, and 5+ bedroom homes increased by 37%.

Housing Supply in Greenville Township, IL

How many homes are available in Greenville Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3139+25.8%

Summary: The Greenville Township real estate market had 39 homes for sale in May 2024, a 25.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 1821
+16.7%
4 48
+100.0%
5+ 22
0.0%

Summary: The Greenville 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 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenville Township, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Greenville Township in May 2024, up by 120.0% month-over-month. Of the 11 sold homes, 82% were sold under asking, 0% were sold at asking, and 18% were sold over asking.

Days on Market for Greenville Township, IL

How long does it take to sell a home in Greenville Township, IL?

Average Sale Time

May 2023May 2024CHANGE
93 Days90 Days-4.1%

Summary: Homes in Greenville Township had an average of 90 days on market in May 2024, down by 4.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenville Township has remained consistent over time.

Summary: During May 2024, 11 homes were sold in Greenville Township; 18% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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