Is East Eldorado 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, East Eldorado Township has remained a Seller's Market.
Housing Prices in East Eldorado Township, IL
How much do homes in East Eldorado Township, IL cost?
Median Sold Price
$77,100
$57/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Eldorado Township was $77,100 in May 2024, up 31.8% from last year, and the median price per square foot was $57.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $37K | +23.3% |
2 Bedrooms | $51.2K | $48.9K | -4.5% |
3 Bedrooms | $67.2K | $93K | +38.3% |
4 Bedrooms | $73K | $140K | +91.8% |
5+ Bedrooms | $115K | - | N/A |
Summary: East Eldorado Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.3%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 38.3%, 4 bedroom homes increased by 91.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Eldorado | $55K | $80K | +45.5% |
East Eldorado Township | $58.5K | $77.1K | +31.8% |
Housing Supply in East Eldorado Township, IL
How many homes are available in East Eldorado Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Summary: The East Eldorado Township real estate market had 8 homes for sale in May 2024, a 20.0% 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 | 4 | 2 | -50.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The East Eldorado 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 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in East Eldorado Township in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Eldorado Township, IL
How long does it take to sell a home in East Eldorado Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
76 Days | 9 Days | -88.2% |
Summary: Homes in East Eldorado Township had an average of 9 days on market in May 2024, down by 88.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in East Eldorado Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.