Is Harrisburg Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Harrisburg Township was a Buyer's Market.
Key Takeaway
Harrisburg Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrisburg Township, IL
How much do homes in Harrisburg Township, IL cost?
Median Sold Price
$80,000
$60/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Harrisburg Township have sold for 11.1% less than they did a year ago.
Summary: The median home sold price in Harrisburg Township was $80,000 in May 2024, down 11.1% from last year, and the median price per square foot was $60.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $21.2K | -71.7% |
| 2 Bedrooms | $54K | $58.5K | +8.3% |
| 3 Bedrooms | $112K | $88.2K | -21.2% |
| 4 Bedrooms | $141.2K | $180K | +27.4% |
| 5+ Bedrooms | $74K | $28K | -62.2% |
Summary: Harrisburg Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 71.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes increased by 27.4%, and 5+ bedroom homes decreased by 62.2%.
Median Sold Price Compared To Nearby Cities
| Harrisburg Township | $90K | $80K | -11.1% |
| Harrisburg | $90K | $80K | -11.1% |
Housing Supply in Harrisburg Township, IL
How many homes are available in Harrisburg Township, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 44 | 53 | +20.5% |
Summary: The Harrisburg Township real estate market had 53 homes for sale in May 2024, a 20.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 13 | 17 | +30.8% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Harrisburg Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 13.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 10 | +66.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Harrisburg Township, you may be able to get a good deal. 90% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Harrisburg Township in May 2024, up by 66.7% month-over-month. Of the 10 sold homes, 90% were sold under asking, 0% were sold at asking, and 10% were sold over asking.
Days on Market for Harrisburg Township, IL
How long does it take to sell a home in Harrisburg Township, IL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 5 Days | 148 Days | +2511.8% |
Summary: Homes in Harrisburg Township had an average of 148 days on market in May 2024, up by 2511.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Harrisburg Township are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 10 homes were sold in Harrisburg Township; 20% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 70% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.