Is Mascoutah 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, Mascoutah Township has remained a Seller's Market.
Housing Prices in Mascoutah Township, IL
How much do homes in Mascoutah Township, IL cost?
Median Sold Price
$276,500
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mascoutah Township was $276,500 in April 2024, up 9.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $90K | N/A |
2 Bedrooms | $172.5K | $152.5K | -11.6% |
3 Bedrooms | $221K | $298.5K | +35.1% |
4 Bedrooms | $285K | $285K | 0.0% |
5+ Bedrooms | $391.7K | $429.9K | +9.7% |
Summary: Mascoutah 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 11.6%, 3 bedroom homes increased by 35.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
New Baden | $150K | $208.5K | +39.0% |
Shiloh Valley Township | $322.5K | $375K | +16.3% |
Mascoutah | $253K | $280K | +10.7% |
Mascoutah Township | $253K | $276.5K | +9.3% |
Housing Supply in Mascoutah Township, IL
How many homes are available in Mascoutah Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 43 | +13.2% |
Summary: The Mascoutah Township real estate market had 43 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Mascoutah Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Mascoutah Township in April 2024, the same as the previous month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.
Days on Market for Mascoutah Township, IL
How long does it take to sell a home in Mascoutah Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 26 Days | +122.3% |
Summary: Homes in Mascoutah Township had an average of 26 days on market in Apr 2024, up by 122.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Mascoutah Township; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.