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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingston Township is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Kingston Township has remained a Buyer's Market.

Key Takeaway

Kingston Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kingston Township, IL

How much do homes in Kingston Township, IL cost?

Median Sold Price

$325,000

$171/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$47,100(+16.9%)

Key Takeaway

Homes in Kingston Township have sold for 16.9% more than they did a year ago.

Summary: The median home sold price in Kingston Township was $325,000 in February 2024, up 16.9% from last year, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$90K
N/A
2 $265K$360.7K
+36.1%
3 $260K$281K
+8.1%
4 $380K$324.9K
-14.5%
5+ $247K$417.5K
+69.0%

Summary: Kingston Township housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 14.5%, and 5+ bedroom homes increased by 69%.

Median Sold Price Compared To Nearby Cities

Genoa
+18.6%
Genoa Township
+18.6%
Kingston Township
+16.9%
Kirkland
+10.6%

Housing Supply in Kingston Township, IL

How many homes are available in Kingston Township, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
11110.0%

Summary: The Kingston Township real estate market had 11 homes for sale in February 2024, the same as January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 10
-100.0%
2 34
+33.3%
3 66
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Kingston Township housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingston Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Kingston Township in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kingston Township, IL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
79 Days84 Days+6.3%

Summary: Homes in Kingston Township had an average of 84 days on market in Feb 2024, up by 6.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kingston Township has remained consistent over time.

Summary: During February 2024, 1 homes were sold in Kingston Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 28 Days Ago

Newest Listings in Kingston Township, IL

Nearby Markets to Kingston Township, IL

What housing markets are near Kingston Township, IL?