Housing Prices in Magnolia Township, IL

How much do homes in Magnolia Township, IL cost?

Median List Price

$132,450

$89/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$65,550(-33.1%)

Key Takeaway

The list price of homes in Magnolia Township has decreased by 33.1% since last year.

Summary: The median home list price in Magnolia Township was $132,450 in May 2024, down 33.1% from the previous year, and the median price per square foot was $89.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $94.9K$76K
-19.9%
3 $199.9K$129.9K
-35.0%
4 $239.9K$222K
-7.5%
5+ $160K$160K
0.0%

Summary: Magnolia 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 decreased by 19.9%, 3 bedroom homes decreased by 35%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Henry
+16.7%
Mc Nabb
+12.6%
McNabb
-30.9%
Magnolia Township
-33.1%

Housing Supply in Magnolia Township, IL

How many homes are available in Magnolia Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
79+28.6%

Summary: The Magnolia Township real estate market had 9 homes for sale in May 2024, a 28.6% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 23
+50.0%
4 45
+25.0%
5+ 00
0.0%

Summary: The Magnolia 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Days on Market for Magnolia Township, IL

How long does it take to sell a home in Magnolia Township, IL?

Average Listing Age

May 2023May 2024CHANGE
76 Days57 Days-25.1%

Summary: Homes in Magnolia Township had an average listing age of 57 days in May 2024, down by 25.1% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Magnolia Township, IL

Nearby Markets to Magnolia Township, IL