Is La Salle, 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, La Salle has remained a Seller's Market.
Housing Prices in La Salle, IL
How much do homes in La Salle, IL cost?
Median Sold Price
$115,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in La Salle was $115,000 in April 2024, down 5.3% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | - | N/A |
2 Bedrooms | $82.5K | $90K | +9.1% |
3 Bedrooms | $134.5K | $149K | +10.8% |
4 Bedrooms | $129.7K | $142.7K | +10.0% |
5+ Bedrooms | $159.9K | $169K | +5.7% |
Summary: La Salle 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 increased by 9.1%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
LaSalle Township | $110K | $108K | -1.8% |
La Salle | $121.5K | $115K | -5.3% |
LaSalle | $115K | $107.5K | -6.5% |
Housing Supply in La Salle, IL
How many homes are available in La Salle, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 28 | -22.2% |
Summary: The La Salle real estate market had 28 homes for sale in April 2024, a 22.2% decrease 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 | 14 | 11 | -21.4% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 8 | 4 | -50.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The La Salle 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 decreased by 21.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 12 | -14.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in La Salle in April 2024, down by 14.3% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for La Salle, IL
How long does it take to sell a home in La Salle, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 36 Days | -56.3% |
Summary: Homes in La Salle had an average of 36 days on market in Apr 2024, down by 56.3% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in La Salle; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.