Is LaSalle Township, 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 Township has remained a Seller's Market.
Housing Prices in LaSalle Township, IL
How much do homes in LaSalle Township, IL cost?
Median Sold Price
$109,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in LaSalle Township was $109,000 in March 2024, down 0.9% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40.5K | - | N/A |
2 Bedrooms | $94.7K | $95K | 0.3% |
3 Bedrooms | $123.4K | $144.7K | +17.3% |
4 Bedrooms | $129.7K | $117.2K | -9.6% |
5+ Bedrooms | $159.9K | $192K | +20.1% |
Summary: LaSalle Township 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 0.3%, 3 bedroom homes increased by 17.3%, 4 bedroom homes decreased by 9.6%, and 5+ bedroom homes increased by 20.1%.
Median Sold Price Compared To Nearby Cities
Peru Township | $125K | $165K | +32.0% |
Oglesby | $103K | $125K | +21.4% |
LaSalle Township | $110K | $109K | -0.9% |
La Salle | $120K | $116.7K | -2.7% |
LaSalle | $115K | $107.5K | -6.5% |
Housing Supply in LaSalle Township, IL
How many homes are available in LaSalle Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 42 | +20.0% |
Summary: The LaSalle Township real estate market had 42 homes for sale in March 2024, a 20.0% 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 | 12 | 18 | +50.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 5 | 8 | +60.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The LaSalle Township 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 50%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in LaSalle Township in March 2024, up by 55.6% month-over-month. Of the 14 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for LaSalle Township, IL
How long does it take to sell a home in LaSalle Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 46 Days | +31.6% |
Summary: Homes in LaSalle Township had an average of 46 days on market in Mar 2024, up by 31.6% compared to last year.
Breakdown of Home Sale Times
8 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, 14 homes were sold in LaSalle Township; 57% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.