Housing Prices in Essex Township, IL

How much do homes in Essex Township, IL cost?

Median List Price

$177,450

$138/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

-$82,450(-31.7%)

Key Takeaway

The list price of homes in Essex Township has decreased by 31.7% since last year.

Summary: The median home list price in Essex Township was $177,450 in May 2024, down 31.7% from the previous year, and the median price per square foot was $138.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $134.9K$272K
+101.6%
3 $207.9K$133.5K
-35.8%
4 $570K$159.9K
-71.9%
5+ --
N/A

Summary: Essex 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 101.6%, 3 bedroom homes decreased by 35.8%, 4 bedroom homes decreased by 71.9%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Reed Township
+12.6%
Salina Township
-5.5%
Custer Township
-13.0%
Essex Township
-31.7%

Housing Supply in Essex Township, IL

How many homes are available in Essex Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
12+100.0%

Summary: The Essex Township real estate market had 2 homes for sale in May 2024, a 100.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Essex 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.

Days on Market for Essex Township, IL

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

Average Listing Age

May 2023May 2024CHANGE
74 Days57 Days-23.0%

Summary: Homes in Essex Township had an average listing age of 57 days in May 2024, down by 23% compared to the previous year.

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

Report Updated 21 Days Ago

Newest Listings in Essex Township, IL

Nearby Markets to Essex Township, IL

What housing markets are near Essex Township, IL?