Is Squaw Grove Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Squaw Grove Township is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Squaw Grove Township has remained a Seller's Market.

Key Takeaway

Squaw Grove Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Squaw Grove Township, IL

How much do homes in Squaw Grove Township, IL cost?

Median Sold Price

$315,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$46,000(+17.1%)

Key Takeaway

Homes in Squaw Grove Township have sold for 17.1% more than they did a year ago.

Summary: The median home sold price in Squaw Grove Township was $315,000 in April 2024, up 17.1% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $242.5K$296K
+22.1%
4 $350.5K$360K
+2.7%
5+ $330K$297K
-10.0%

Summary: Squaw Grove 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 did not change, 3 bedroom homes increased by 22.1%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Hinckley
+19.1%
Squaw Grove Township
+17.1%
Clinton Township
-13.3%

Housing Supply in Squaw Grove Township, IL

How many homes are available in Squaw Grove Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1213+8.3%

Summary: The Squaw Grove Township real estate market had 13 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 88
0.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Squaw Grove 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Squaw Grove Township, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Squaw Grove Township in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Squaw Grove Township, IL

How long does it take to sell a home in Squaw Grove Township, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days6 Days-50.0%

Summary: Homes in Squaw Grove Township had an average of 6 days on market in Apr 2024, down by 50% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Squaw Grove Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Squaw Grove Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Squaw Grove Township, IL

Nearby Markets to Squaw Grove Township, IL

What housing markets are near Squaw Grove Township, IL?