Is Oregon-Nashua Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oregon-Nashua Township is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Oregon-Nashua Township was a Buyer's Market.

Key Takeaway

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

Housing Prices in Oregon-Nashua Township, IL

How much do homes in Oregon-Nashua Township, IL cost?

Median Sold Price

$166,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$18,000(+12.2%)

Key Takeaway

Homes in Oregon-Nashua Township have sold for 12.2% more than they did a year ago.

Summary: The median home sold price in Oregon-Nashua Township was $166,000 in April 2024, up 12.2% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$77K
N/A
2 $125K$172K
+37.6%
3 $148K$165.5K
+11.8%
4 $203.5K$160K
-21.4%
5+ $218K$387.5K
+77.8%

Summary: Oregon-Nashua 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 37.6%, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 77.8%.

Median Sold Price Compared To Nearby Cities

Oregon
+31.7%
Oregon-Nashua Township
+12.2%

Housing Supply in Oregon-Nashua Township, IL

How many homes are available in Oregon-Nashua Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1316+23.1%

Summary: The Oregon-Nashua Township real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 58
+60.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The Oregon-Nashua 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 decreased by 33.3%, 3 bedroom homes increased by 60%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oregon-Nashua Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Oregon-Nashua Township in April 2024, down by 25.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Oregon-Nashua Township, IL

How long does it take to sell a home in Oregon-Nashua Township, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
141 Days61 Days-56.7%

Summary: Homes in Oregon-Nashua Township had an average of 61 days on market in Apr 2024, down by 56.7% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oregon-Nashua Township has remained consistent over time.

Summary: During April 2024, 3 homes were sold in Oregon-Nashua Township; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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

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