Is Looking Glass Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Looking Glass Township has remained a Seller's Market.
Key Takeaway
Looking Glass Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Looking Glass Township, IL
How much do homes in Looking Glass Township, IL cost?
Median Sold Price
$210,000
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Looking Glass Township have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Looking Glass Township was $210,000 in April 2024, up 11.6% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $160K | $103.8K | -35.1% |
| 3 Bedrooms | $187.5K | $210K | +12.0% |
| 4 Bedrooms | $216K | $262K | +21.3% |
| 5+ Bedrooms | $369K | $325K | -11.9% |
Summary: Looking Glass Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 35.1%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 11.9%.
Housing Supply in Looking Glass Township, IL
How many homes are available in Looking Glass Township, IL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 9 | +50.0% |
Summary: The Looking Glass Township real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Looking Glass Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Looking Glass Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Looking Glass Township in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Looking Glass Township, IL
How long does it take to sell a home in Looking Glass Township, IL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 42 Days | 35 Days | -17.2% |
Summary: Homes in Looking Glass Township had an average of 35 days on market in Apr 2024, down by 17.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Looking Glass Township are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Looking Glass Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.