Is Millstadt 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, Millstadt Township has remained a Seller's Market.
Housing Prices in Millstadt Township, IL
How much do homes in Millstadt Township, IL cost?
Median Sold Price
$267,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Millstadt Township was $267,500 in April 2024, up 8.1% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $182.5K | $205K | +12.3% |
2 Bedrooms | $151K | $177.5K | +17.5% |
3 Bedrooms | $229.9K | $270K | +17.4% |
4 Bedrooms | $425K | $339.9K | -20.0% |
5+ Bedrooms | $296K | $489.9K | +65.5% |
Summary: Millstadt Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 65.5%.
Median Sold Price Compared To Nearby Cities
Millstadt | $229.9K | $264K | +14.8% |
Sugar Loaf Township | $137.6K | $157.5K | +14.4% |
Prairie Du Long Township | $315K | $354.3K | +12.5% |
Millstadt Township | $247.5K | $267.5K | +8.1% |
Smithton Township | $275K | $280K | +1.8% |
Housing Supply in Millstadt Township, IL
How many homes are available in Millstadt Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 16 | -23.8% |
Summary: The Millstadt Township real estate market had 16 homes for sale in April 2024, a 23.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 10 | 9 | -10.0% |
4 Bedrooms | 5 | 2 | -60.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Millstadt Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 5 | -50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Millstadt Township in April 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Millstadt Township, IL
How long does it take to sell a home in Millstadt Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 78 Days | +2500.0% |
Summary: Homes in Millstadt Township had an average of 78 days on market in Apr 2024, up by 2500% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Millstadt Township; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.