Is Kickapoo Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kickapoo Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Kickapoo Township has remained a Seller's Market.

Key Takeaway

Kickapoo Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kickapoo Township, IL

How much do homes in Kickapoo Township, IL cost?

Median Sold Price

$311,000

$121/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$46,000(-12.9%)

Key Takeaway

Homes in Kickapoo Township have sold for 12.9% less than they did a year ago.

Summary: The median home sold price in Kickapoo Township was $311,000 in October 2024, down 12.9% from last year, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$92.9K
N/A
2 $165.5K$177K
+6.9%
3 $307.5K$240K
-22.0%
4 $350K$345K
-1.4%
5+ $432.5K$420K
-2.9%

Summary: Kickapoo Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 22%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Cities

Peoria City Township
+7.0%
Peoria
+4.7%
Richwoods Township
0.0%
Edwards
-9.9%
Kickapoo Township
-12.9%

Housing Supply in Kickapoo Township, IL

How many homes are available in Kickapoo Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3439+14.7%

Summary: The Kickapoo Township real estate market had 39 homes for sale in October 2024, a 14.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 76
-14.3%
4 1417
+21.4%
5+ 1011
+10.0%

Summary: The Kickapoo Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
411+175.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kickapoo Township, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Kickapoo Township in October 2024, up by 175.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.

Days on Market for Kickapoo Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days29 Days+26.5%

Summary: Homes in Kickapoo Township had an average of 29 days on market in Oct 2024, up by 26.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kickapoo Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 11 homes were sold in Kickapoo Township; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.

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

Report Updated 6 Days Ago

Newest Listings in Kickapoo Township, IL

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