Is Harvard, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Harvard was a Neutral Market.
Housing Prices in Harvard, IL
How much do homes in Harvard, IL cost?
Median Sold Price
$234,250
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Harvard was $234,250 in April 2024, up 23.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | $138K | $175K | +26.8% |
3 Bedrooms | $210K | $240K | +14.3% |
4 Bedrooms | $202.5K | $270K | +33.3% |
5+ Bedrooms | $236.5K | $193.2K | -18.3% |
Summary: Harvard housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.8%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Cities
Alden Township | $350K | $435K | +24.3% |
Harvard | $189K | $234.2K | +23.9% |
Dunham Township | $220K | $260K | +18.2% |
Chemung Township | $189K | $209.9K | +11.1% |
Housing Supply in Harvard, IL
How many homes are available in Harvard, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 36 | 0.0% |
Summary: The Harvard real estate market had 36 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 | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Harvard 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 200%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 5 | -61.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Harvard in April 2024, down by 61.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Harvard, IL
How long does it take to sell a home in Harvard, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
47 Days | 15 Days | -66.8% |
Summary: Homes in Harvard had an average of 15 days on market in Apr 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Harvard; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.