Is LaSalle, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, LaSalle has remained a Seller's Market.
Housing Prices in LaSalle, IL
How much do homes in LaSalle, IL cost?
Median Sold Price
$107,500
$90/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in LaSalle was $107,500 in March 2024, down 6.5% from last year, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47.5K | - | N/A |
2 Bedrooms | $80.5K | $95K | +18.0% |
3 Bedrooms | $130K | $146K | +12.3% |
4 Bedrooms | $129.7K | $117.2K | -9.6% |
5+ Bedrooms | $159.9K | $169K | +5.7% |
Summary: LaSalle housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
Peru Township | $125K | $165K | +32.0% |
Peru | $125K | $165K | +32.0% |
LaSalle Township | $110K | $109K | -0.9% |
La Salle | $120K | $116.7K | -2.7% |
LaSalle | $115K | $107.5K | -6.5% |
Housing Supply in LaSalle, IL
How many homes are available in LaSalle, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 34 | +21.4% |
Summary: The LaSalle real estate market had 34 homes for sale in March 2024, a 21.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 14 | +75.0% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The LaSalle housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 75%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 13 | +160.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in LaSalle in March 2024, up by 160.0% month-over-month. Of the 13 sold homes, 77% were sold under asking, 0% were sold at asking, and 23% were sold over asking.
Days on Market for LaSalle, IL
How long does it take to sell a home in LaSalle, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 49 Days | +24.6% |
Summary: Homes in LaSalle had an average of 49 days on market in Mar 2024, up by 24.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in LaSalle; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.