Is Clear Lake 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, Clear Lake Township has remained a Seller's Market.
Housing Prices in Clear Lake Township, IL
How much do homes in Clear Lake Township, IL cost?
Median Sold Price
$182,400
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clear Lake Township was $182,400 in April 2024, up 1.3% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $166K | +315.0% |
2 Bedrooms | $88K | $87.5K | -0.6% |
3 Bedrooms | $175K | $184.9K | +5.7% |
4 Bedrooms | $199.5K | $198.7K | -0.4% |
5+ Bedrooms | $227.5K | $285K | +25.3% |
Summary: Clear Lake Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 315%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 25.3%.
Median Sold Price Compared To Nearby Cities
Springfield Township | $129K | $155.7K | +20.7% |
Clear Lake Township | $180K | $182.4K | +1.3% |
Riverton | $145.5K | $145.5K | 0.0% |
Housing Supply in Clear Lake Township, IL
How many homes are available in Clear Lake Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 19 | -13.6% |
Summary: The Clear Lake Township real estate market had 19 homes for sale in April 2024, a 13.6% decrease 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 | 12 | 13 | +8.3% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Clear Lake 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 increased by 8.3%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Clear Lake Township in April 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Clear Lake Township, IL
How long does it take to sell a home in Clear Lake Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
18 Days | 3 Days | -81.7% |
Summary: Homes in Clear Lake Township had an average of 3 days on market in Apr 2024, down by 81.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Clear Lake 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.