Is Concord 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, Concord Township was a Seller's Market.
Housing Prices in Concord Township, IL
How much do homes in Concord Township, IL cost?
Median Sold Price
$82,500
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Concord Township was $82,500 in May 2024, down 28.9% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $72.5K | $80K | +10.3% |
3 Bedrooms | $125K | $69.2K | -44.6% |
4 Bedrooms | $178K | $285K | +60.1% |
5+ Bedrooms | - | $50K | N/A |
Summary: Concord 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 increased by 10.3%, 3 bedroom homes decreased by 44.6%, 4 bedroom homes increased by 60.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Sheffield | $100K | $100.7K | +0.7% |
Concord Township | $116K | $82.5K | -28.9% |
Housing Supply in Concord Township, IL
How many homes are available in Concord Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 6 | -25.0% |
Summary: The Concord Township real estate market had 6 homes for sale in May 2024, a 25.0% decrease 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 | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Concord 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 20%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Concord Township in May 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Concord Township, IL
How long does it take to sell a home in Concord Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 6 Days | -42.9% |
Summary: Homes in Concord Township had an average of 6 days on market in May 2024, down by 42.9% 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 Concord 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.