Is Dorr 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, Dorr Township has remained a Seller's Market.
Housing Prices in Dorr Township, IL
How much do homes in Dorr Township, IL cost?
Median Sold Price
$307,250
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dorr Township was $307,250 in May 2024, up 9.8% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $105K | $112K | +6.7% |
2 Bedrooms | $188.5K | $210K | +11.4% |
3 Bedrooms | $280K | $280.9K | 0.3% |
4 Bedrooms | $335.7K | $375K | +11.7% |
5+ Bedrooms | $498.5K | $540.5K | +8.4% |
Summary: Dorr Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
Crystal Lake | $290.9K | $350K | +20.3% |
Woodstock | $261K | $300K | +14.9% |
Dorr Township | $279.9K | $307.2K | +9.8% |
Lakewood | $496K | $528.5K | +6.6% |
Housing Supply in Dorr Township, IL
How many homes are available in Dorr Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
74 | 67 | -9.5% |
Summary: The Dorr Township real estate market had 67 homes for sale in May 2024, a 9.5% decrease 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 | 8 | 9 | +12.5% |
3 Bedrooms | 33 | 28 | -15.2% |
4 Bedrooms | 27 | 24 | -11.1% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Dorr 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 increased by 12.5%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 19 | -29.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Dorr Township in May 2024, down by 29.6% month-over-month. Of the 19 sold homes, 32% were sold under asking, 21% were sold at asking, and 47% were sold over asking.
Days on Market for Dorr Township, IL
How long does it take to sell a home in Dorr Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
21 Days | 14 Days | -31.0% |
Summary: Homes in Dorr Township had an average of 14 days on market in May 2024, down by 31% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 19 homes were sold in Dorr Township; 84% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.