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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Antioch Township is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Antioch Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Antioch Township, IL

How much do homes in Antioch Township, IL cost?

Median Sold Price

$285,333

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$10,166(+3.7%)

Key Takeaway

Homes in Antioch Township have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Antioch Township was $285,333 in May 2024, up 3.7% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $84K$86K
+2.4%
2 $200K$202K
+1.0%
3 $280K$297.5K
+6.3%
4 $350K$378K
+8.0%
5+ $395K$430K
+8.9%

Summary: Antioch Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Lake Villa Township
+11.8%
Fox Lake
+11.3%
Antioch Township
+3.7%
Antioch
0.2%
Lake Villa
0.2%

Housing Supply in Antioch Township, IL

How many homes are available in Antioch Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
122152+24.6%

Summary: The Antioch Township real estate market had 152 homes for sale in May 2024, a 24.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 68
+33.3%
2 3134
+9.7%
3 3944
+12.8%
4 3349
+48.5%
5+ 1317
+30.8%

Summary: The Antioch Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 48.5%, and 5+ bedroom homes increased by 30.8%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4233-21.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Antioch Township, you could pay more than the asking price. 42.4% of homes here sold above asking price last month.

Summary: A total of 33 homes were sold or pending in Antioch Township in May 2024, down by 21.4% month-over-month. Of the 33 sold homes, 33% were sold under asking, 24% were sold at asking, and 42% were sold over asking.

Days on Market for Antioch Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
20 Days28 Days+37.7%

Summary: Homes in Antioch Township had an average of 28 days on market in May 2024, up by 37.7% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Antioch Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 33 homes were sold in Antioch Township; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% 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 8 Days Ago

Newest Listings in Antioch Township, IL

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