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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Goode Township is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Goode Township, IL

How much do homes in Goode Township, IL cost?

Median Sold Price

$116,250

$84/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$39,050(+50.6%)

Key Takeaway

Homes in Goode Township have sold for 50.6% more than they did a year ago.

Summary: The median home sold price in Goode Township was $116,250 in May 2024, up 50.6% from last year, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $27.5K-
N/A
2 $57K$48K
-15.8%
3 $95K$124.2K
+30.8%
4 $93.5K$145K
+55.1%
5+ --
N/A

Summary: Goode Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.8%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 55.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Goode Township
+50.6%
Sesser
+43.9%

Housing Supply in Goode Township, IL

How many homes are available in Goode Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
67+16.7%

Summary: The Goode Township real estate market had 7 homes for sale in May 2024, a 16.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 55
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Goode 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 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 Goode Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Goode Township in May 2024, up by 100.0% 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 Goode Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
30 Days148 Days+389.6%

Summary: Homes in Goode Township had an average of 148 days on market in May 2024, up by 389.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Goode Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in Goode Township, IL

Nearby Markets to Goode Township, IL

What housing markets are near Goode Township, IL?