Is Blackberry 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, Blackberry Township has remained a Seller's Market.
Housing Prices in Blackberry Township, IL
How much do homes in Blackberry Township, IL cost?
Median Sold Price
$463,500
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Blackberry Township was $463,500 in May 2024, up 7.8% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $219.9K | +83.3% |
2 Bedrooms | $302.2K | $279K | -7.7% |
3 Bedrooms | $385.5K | $405K | +5.1% |
4 Bedrooms | $470K | $492.5K | +4.8% |
5+ Bedrooms | $514.5K | $530K | +3.0% |
Summary: Blackberry Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 3%.
Median Sold Price Compared To Nearby Cities
North Aurora | $305K | $359.9K | +18.0% |
Campton Township | $500K | $552.7K | +10.5% |
Geneva | $414.9K | $455K | +9.7% |
Elburn | $390K | $421.1K | +8.0% |
Blackberry Township | $430K | $463.5K | +7.8% |
Housing Supply in Blackberry Township, IL
How many homes are available in Blackberry Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
69 | 74 | +7.2% |
Summary: The Blackberry Township real estate market had 74 homes for sale in May 2024, a 7.2% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 30 | 22 | -26.7% |
4 Bedrooms | 30 | 42 | +40.0% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Blackberry 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 decreased by 26.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
34 | 16 | -52.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Blackberry Township in May 2024, down by 52.9% month-over-month. Of the 16 sold homes, 25% were sold under asking, 13% were sold at asking, and 63% were sold over asking.
Days on Market for Blackberry Township, IL
How long does it take to sell a home in Blackberry Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
13 Days | 34 Days | +153.9% |
Summary: Homes in Blackberry Township had an average of 34 days on market in May 2024, up by 153.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Blackberry Township; 81% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.