Is Moro 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, Moro Township has remained a Seller's Market.
Housing Prices in Moro Township, IL
How much do homes in Moro Township, IL cost?
Median Sold Price
$264,500
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Moro Township was $264,500 in April 2024, down 0.2% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $139K | $210K | +51.1% |
3 Bedrooms | $249K | $241K | -3.2% |
4 Bedrooms | $320K | $340K | +6.3% |
5+ Bedrooms | $449.9K | $497K | +10.5% |
Summary: Moro 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 increased by 51.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
Moro | $187.5K | $225K | +20.0% |
Fort Russell Township | $247K | $285K | +15.4% |
Bunker Hill Township | $139.9K | $146.7K | +4.9% |
Moro Township | $265K | $264.5K | -0.2% |
Housing Supply in Moro Township, IL
How many homes are available in Moro Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 15 | -16.7% |
Summary: The Moro Township real estate market had 15 homes for sale in April 2024, a 16.7% 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 | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 8 | -27.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Moro 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 27.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Moro Township in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Moro Township, IL
How long does it take to sell a home in Moro Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 65 Days | +11.2% |
Summary: Homes in Moro Township had an average of 65 days on market in Apr 2024, up by 11.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in Moro Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.