Is Belleville Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Belleville Township has remained a Seller's Market.
Housing Prices in Belleville Township, IL
How much do homes in Belleville Township, IL cost?
Median Sold Price
$180,178
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Belleville Township was $180,178 in April 2024, up 16.2% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $54.7K | $56K | +2.3% |
2 Bedrooms | $114.9K | $123K | +7.0% |
3 Bedrooms | $155.4K | $175K | +12.6% |
4 Bedrooms | $257.5K | $275K | +6.8% |
5+ Bedrooms | $315K | $360.8K | +14.5% |
Summary: Belleville Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 14.5%.
Median Sold Price Compared To Nearby Cities
Stookey Township | $154K | $191K | +24.0% |
Belleville Township | $155K | $180.1K | +16.2% |
Belleville | $155K | $180.1K | +16.2% |
Saint Clair Township | $225K | $235.5K | +4.7% |
Swansea | $241K | $240K | -0.4% |
Housing Supply in Belleville Township, IL
How many homes are available in Belleville Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
333 | 367 | +10.2% |
Summary: The Belleville Township real estate market had 367 homes for sale in April 2024, a 10.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 1 | -75.0% |
2 Bedrooms | 64 | 79 | +23.4% |
3 Bedrooms | 165 | 170 | +3.0% |
4 Bedrooms | 77 | 93 | +20.8% |
5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The Belleville Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
113 | 105 | -7.1% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Summary: A total of 105 homes were sold or pending in Belleville Township in April 2024, down by 7.1% month-over-month. Of the 105 sold homes, 35% were sold under asking, 20% were sold at asking, and 45% were sold over asking.
Days on Market for Belleville Township, IL
How long does it take to sell a home in Belleville Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 43 Days | +14.7% |
Summary: Homes in Belleville Township had an average of 43 days on market in Apr 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
42 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 105 homes were sold in Belleville Township; 46% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.