Is Sangamon 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, Sangamon Township was a Seller's Market.
Housing Prices in Sangamon Township, IL
How much do homes in Sangamon Township, IL cost?
Median Sold Price
$375,000
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sangamon Township was $375,000 in May 2024, up 4.2% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $89.9K | $392.4K | +336.5% |
3 Bedrooms | $350K | $363K | +3.7% |
4 Bedrooms | $370.4K | $389.9K | +5.2% |
5+ Bedrooms | $900K | $365K | -59.4% |
Summary: Sangamon 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 increased by 336.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 59.4%.
Median Sold Price Compared To Nearby Cities
Monticello Township | $179.9K | $255K | +41.7% |
Monticello | $180K | $253.8K | +41.0% |
Sangamon Township | $360K | $375K | +4.2% |
Housing Supply in Sangamon Township, IL
How many homes are available in Sangamon Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Summary: The Sangamon Township real estate market had 15 homes for sale in May 2024, a 7.1% 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 | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sangamon 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 2024 | May 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Sangamon Township in May 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Sangamon Township, IL
How long does it take to sell a home in Sangamon Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
67 Days | 134 Days | +100.7% |
Summary: Homes in Sangamon Township had an average of 134 days on market in May 2024, up by 100.7% 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
Summary: During May 2024, 2 homes were sold in Sangamon 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.