Housing Prices in Somer Township, IL

How much do homes in Somer Township, IL cost?

Median List Price

$307,400

$182/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$127,400(+70.8%)

Key Takeaway

The list price of homes in Somer Township has increased by 70.8% since last year.

Summary: The median home list price in Somer Township was $307,400 in May 2024, up 70.8% from the previous year, and the median price per square foot was $182.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $43.9K$139K
+216.6%
3 $164.9K$314.9K
+91.0%
4 $215K$299.9K
+39.5%
5+ -$2.1M
N/A

Summary: Somer 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 216.6%, 3 bedroom homes increased by 91%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Hensley Township
+86.8%
Somer Township
+70.8%
Cunningham Township
+17.1%
Urbana
+14.2%
Urbana Township
+9.7%

Housing Supply in Somer Township, IL

How many homes are available in Somer Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The Somer Township real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 01
+100.0%
5+ 22
0.0%

Summary: The Somer 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 remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Somer Township, IL

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

Average Listing Age

May 2023May 2024CHANGE
57 Days64 Days+13.6%

Summary: Homes in Somer Township had an average listing age of 64 days in May 2024, up by 13.6% compared to the previous year.

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

Report Updated 2 Days Ago

Newest Listings in Somer Township, IL

Nearby Markets to Somer Township, IL

What housing markets are near Somer Township, IL?