Is Greenwood 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, Greenwood Township has remained a Seller's Market.
Housing Prices in Greenwood Township, IL
How much do homes in Greenwood Township, IL cost?
Median Sold Price
$299,900
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenwood Township was $299,900 in April 2024, up 16% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $75K | $162.5K | +116.7% |
2 Bedrooms | $209.9K | $215K | +2.4% |
3 Bedrooms | $254.9K | $293K | +14.9% |
4 Bedrooms | $349.2K | $354.6K | +1.6% |
5+ Bedrooms | $390K | $500K | +28.2% |
Summary: Greenwood Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116.7%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 28.2%.
Median Sold Price Compared To Nearby Cities
Greenwood Township | $258.5K | $299.9K | +16.0% |
Woodstock | $260.3K | $298.9K | +14.8% |
Wonder Lake | $249.9K | $277.1K | +10.9% |
Bull Valley | $569K | $582.5K | +2.4% |
Housing Supply in Greenwood Township, IL
How many homes are available in Greenwood Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 35 | -2.8% |
Summary: The Greenwood Township real estate market had 35 homes for sale in April 2024, a 2.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 14 | 20 | +42.9% |
4 Bedrooms | 12 | 5 | -58.3% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Greenwood 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 decreased by 20%, 3 bedroom homes increased by 42.9%, 4 bedroom homes decreased by 58.3%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 9 | -43.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Greenwood Township in April 2024, down by 43.8% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for Greenwood Township, IL
How long does it take to sell a home in Greenwood Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
41 Days | 30 Days | -25.2% |
Summary: Homes in Greenwood Township had an average of 30 days on market in Apr 2024, down by 25.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Greenwood Township; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.