Is Manteno Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Manteno Township has remained a Seller's Market.
Housing Prices in Manteno Township, IL
How much do homes in Manteno Township, IL cost?
Median Sold Price
$295,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Manteno Township was $295,000 in May 2024, up 6.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $201.5K | $214.9K | +6.7% |
3 Bedrooms | $280K | $289.9K | +3.6% |
4 Bedrooms | $305K | $360.4K | +18.2% |
5+ Bedrooms | $395K | $430K | +8.9% |
Summary: Manteno Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 8.9%.
Median Sold Price Compared To Nearby Cities
Bourbonnais | $249.4K | $287.9K | +15.4% |
Peotone Township | $276K | $295K | +6.9% |
Manteno Township | $276.6K | $295K | +6.7% |
Manteno | $278K | $285.5K | +2.7% |
Housing Supply in Manteno Township, IL
How many homes are available in Manteno Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 57 | +16.3% |
Summary: The Manteno Township real estate market had 57 homes for sale in May 2024, a 16.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 26 | 31 | +19.2% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Manteno Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Manteno Township in May 2024, up by 77.8% month-over-month. Of the 16 sold homes, 25% were sold under asking, 31% were sold at asking, and 44% were sold over asking.
Days on Market for Manteno Township, IL
How long does it take to sell a home in Manteno Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 30 Days | -7.3% |
Summary: Homes in Manteno Township had an average of 30 days on market in May 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Manteno Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.