Is Mount Pleasant 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, Mount Pleasant Township has remained a Seller's Market.
Housing Prices in Mount Pleasant Township, IL
How much do homes in Mount Pleasant Township, IL cost?
Median Sold Price
$116,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mount Pleasant Township was $116,500 in May 2024, up 1.3% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $136.3K | $115.5K | -15.3% |
2 Bedrooms | $88.4K | $83.2K | -5.9% |
3 Bedrooms | $119.9K | $125K | +4.3% |
4 Bedrooms | $148K | $166K | +12.2% |
5+ Bedrooms | $167.4K | $218K | +30.2% |
Summary: Mount Pleasant Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.3%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Cities
Lyndon Township | $90K | $155K | +72.2% |
Morrison | $117.4K | $135.5K | +15.4% |
Mount Pleasant Township | $115K | $116.5K | +1.3% |
Housing Supply in Mount Pleasant Township, IL
How many homes are available in Mount Pleasant Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Summary: The Mount Pleasant Township real estate market had 20 homes for sale in May 2024, a 17.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mount Pleasant Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Mount Pleasant Township in May 2024, up by 20.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Mount Pleasant Township, IL
How long does it take to sell a home in Mount Pleasant Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
116 Days | 46 Days | -60.1% |
Summary: Homes in Mount Pleasant Township had an average of 46 days on market in May 2024, down by 60.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Mount Pleasant Township; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.