Is LaSalle County, 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 County has remained a Seller's Market.
Housing Prices in LaSalle County, IL
How much do homes in LaSalle County, IL cost?
Median Sold Price
$149,933
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in LaSalle County was $149,933 in March 2024, up 9.8% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47K | $53K | +12.8% |
2 Bedrooms | $103.3K | $108.3K | +4.8% |
3 Bedrooms | $148.9K | $157.5K | +5.7% |
4 Bedrooms | $187.5K | $190K | +1.3% |
5+ Bedrooms | $184K | $192.5K | +4.6% |
Summary: LaSalle County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 4.6%.
Median Sold Price Compared To Nearby Counties
LaSalle County | $136.5K | $149.9K | +9.8% |
Grundy County | $249.2K | $257.4K | +3.3% |
Livingston County | $130K | $132.3K | +1.8% |
Marshall County | $127K | $128.7K | +1.4% |
Putnam County | $185K | $161K | -13.0% |
Housing Supply in LaSalle County, IL
How many homes are available in LaSalle County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
259 | 290 | +12.0% |
Summary: The LaSalle County real estate market had 290 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 51 | 60 | +17.6% |
3 Bedrooms | 133 | 139 | +4.5% |
4 Bedrooms | 45 | 56 | +24.4% |
5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The LaSalle County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
60 | 77 | +28.3% |
Asking Price vs. Sold Price
48 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 77 homes were sold or pending in LaSalle County in March 2024, up by 28.3% month-over-month. Of the 77 sold homes, 62% were sold under asking, 14% were sold at asking, and 23% were sold over asking.
Days on Market for LaSalle County, IL
How long does it take to sell a home in LaSalle County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 40 Days | -30.2% |
Summary: Homes in LaSalle County had an average of 40 days on market in Mar 2024, down by 30.2% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During March 2024, 77 homes were sold in LaSalle County; 60% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.