Is Radnor Township, 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, Radnor Township was a Buyer's Market.
Housing Prices in Radnor Township, IL
How much do homes in Radnor Township, IL cost?
Median Sold Price
$385,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Radnor Township was $385,000 in April 2024, up 1.9% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $110K | $100K | -9.1% |
3 Bedrooms | $266.9K | $325K | +21.7% |
4 Bedrooms | $330K | $359K | +8.8% |
5+ Bedrooms | $455K | $533K | +17.1% |
Summary: Radnor 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 9.1%, 3 bedroom homes increased by 21.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Cities
Medina Township | $284.5K | $315.5K | +10.9% |
Kickapoo Township | $339.5K | $351.7K | +3.6% |
Radnor Township | $378K | $385K | +1.9% |
Edwards | $380K | $370K | -2.6% |
Dunlap | $365.7K | $352K | -3.8% |
Housing Supply in Radnor Township, IL
How many homes are available in Radnor Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 21 | +5.0% |
Summary: The Radnor Township real estate market had 21 homes for sale in April 2024, a 5.0% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 4 | 3 | -25.0% |
4 Bedrooms | 8 | 6 | -25.0% |
5+ Bedrooms | 8 | 12 | +50.0% |
Summary: The Radnor 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 6 | -14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Radnor Township in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.
Days on Market for Radnor Township, IL
How long does it take to sell a home in Radnor Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
85 Days | 17 Days | -80.0% |
Summary: Homes in Radnor Township had an average of 17 days on market in Apr 2024, down by 80% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Radnor Township; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.