Is Hampshire 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, Hampshire Township has remained a Seller's Market.
Housing Prices in Hampshire Township, IL
How much do homes in Hampshire Township, IL cost?
Median Sold Price
$373,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hampshire Township was $373,000 in May 2024, up 6.5% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.9K | $290K | 0.0% |
3 Bedrooms | $315K | $359.9K | +14.3% |
4 Bedrooms | $426.9K | $440K | +3.0% |
5+ Bedrooms | $450K | $437.5K | -2.8% |
Summary: Hampshire 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 did not change, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 3%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
Genoa Township | $228K | $252.5K | +10.7% |
Hampshire Township | $350.3K | $373K | +6.5% |
Hampshire | $375K | $379.9K | +1.3% |
Burlington Township | $425.4K | $429K | +0.8% |
Housing Supply in Hampshire Township, IL
How many homes are available in Hampshire Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
125 | 135 | +8.0% |
Summary: The Hampshire Township real estate market had 135 homes for sale in May 2024, a 8.0% increase 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 | 25 | 27 | +8.0% |
3 Bedrooms | 49 | 54 | +10.2% |
4 Bedrooms | 46 | 48 | +4.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Hampshire 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 8%, 3 bedroom homes increased by 10.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
25 | 32 | +28.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Hampshire Township in May 2024, up by 28.0% month-over-month. Of the 32 sold homes, 31% were sold under asking, 34% were sold at asking, and 34% were sold over asking.
Days on Market for Hampshire Township, IL
How long does it take to sell a home in Hampshire Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 41 Days | +87.2% |
Summary: Homes in Hampshire Township had an average of 41 days on market in May 2024, up by 87.2% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 32 homes were sold in Hampshire Township; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.