Is Fondulac 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, Fondulac Township has remained a Seller's Market.
Housing Prices in Fondulac Township, IL
How much do homes in Fondulac Township, IL cost?
Median Sold Price
$170,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Fondulac Township was $170,000 in April 2024, up 10.9% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $63K | $32.5K | -48.4% |
2 Bedrooms | $98.2K | $88K | -10.4% |
3 Bedrooms | $165K | $179.4K | +8.7% |
4 Bedrooms | $210K | $225K | +7.1% |
5+ Bedrooms | $217.5K | $291K | +33.8% |
Summary: Fondulac Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.4%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 33.8%.
Median Sold Price Compared To Nearby Cities
Creve Coeur | $76K | $91.9K | +21.0% |
Groveland Township | $140.5K | $160K | +13.9% |
East Peoria | $150K | $170.5K | +13.7% |
Fondulac Township | $153.3K | $170K | +10.9% |
Peoria Heights | $109.4K | $119.9K | +9.6% |
Housing Supply in Fondulac Township, IL
How many homes are available in Fondulac Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 37 | 0.0% |
Summary: The Fondulac Township real estate market had 37 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 20 | 21 | +5.0% |
4 Bedrooms | 12 | 9 | -25.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Fondulac Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Fondulac Township in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Fondulac Township, IL
How long does it take to sell a home in Fondulac Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 5 Days | -82.5% |
Summary: Homes in Fondulac Township had an average of 5 days on market in Apr 2024, down by 82.5% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Fondulac 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.