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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canteen Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Canteen Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Canteen Township, IL

How much do homes in Canteen Township, IL cost?

Median Sold Price

$22,500

$21/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$4,000(-15.1%)

Key Takeaway

Homes in Canteen Township have sold for 15.1% less than they did a month ago.

Summary: The median home sold price in Canteen Township was $22,500 in April 2024, down 15.1% from last month, and the median price per square foot was $21.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $20K-
N/A
2 $26.5K-
N/A
3 -$22.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Canteen Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Canteen Township
-15.1%
Washington Park
-24.5%

Housing Supply in Canteen Township, IL

How many homes are available in Canteen Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
990.0%

Summary: The Canteen Township real estate market had 9 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 53
-40.0%
3 35
+66.7%
4 01
+100.0%
5+ 00
0.0%

Summary: The Canteen 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 decreased by 40%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was 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 Canteen Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Canteen Township in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Canteen Township, IL

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

Average Sale Time

Mar 2024Apr 2024CHANGE
12 Days61 Days+384.1%

Summary: Homes in Canteen Township had an average of 61 days on market in Apr 2024, up by 384.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Canteen Township has remained consistent over time.

Summary: During April 2024, 2 homes were sold in Canteen Township; 0% of homes were sold within 30 days, 100% 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 28 Days Ago

Real Estate Agent illustration

Local real estate agents are ready to help you find a home here.

Connect With An Agent
Real Estate Agent illustration

Sell your home with an expert or get the job done on your own.

Sell My Home
Real Estate Agent illustration

Get a customizable mortgage solution based on today's rates.

Get Approved

Newest Listings in Canteen Township, IL

Nearby Markets to Canteen Township, IL

What housing markets are near Canteen Township, IL?

MLS Disclaimers and Copyright

Based on information from Mid America Regional Information System for the period 03/01/2024 - 05/01/2024

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2024, 12:53:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Popular Cities with Homes for Sale in Illinois