Is Manteno 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, Manteno Township has remained a Seller's Market.
Housing Prices in Manteno Township, IL
How much do homes in Manteno Township, IL cost?
Median Sold Price
$291,500
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Manteno Township was $291,500 in April 2024, up 3% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $210K | $188.7K | -10.1% |
3 Bedrooms | $282.9K | $290K | +2.5% |
4 Bedrooms | $305K | $346.2K | +13.5% |
5+ Bedrooms | $395K | $419K | +6.1% |
Summary: Manteno Township 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 decreased by 10.1%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Bourbonnais | $248K | $283.5K | +14.3% |
Peotone Township | $280K | $289.9K | +3.5% |
Manteno Township | $282.9K | $291.5K | +3.0% |
Manteno | $289K | $280K | -3.1% |
Housing Supply in Manteno Township, IL
How many homes are available in Manteno Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 50 | +19.0% |
Summary: The Manteno Township real estate market had 50 homes for sale in April 2024, a 19.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Manteno 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 16.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Manteno Township in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 56% were sold at asking, and 11% were sold over asking.
Days on Market for Manteno Township, IL
How long does it take to sell a home in Manteno Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
57 Days | 55 Days | -3.7% |
Summary: Homes in Manteno Township had an average of 55 days on market in Apr 2024, down by 3.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Manteno Township; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.