Is Le Roy, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Le Roy is a seller's market

Buyer's
Market

Difference Since January 2022

Since last year, Le Roy has remained a Seller's Market.

Key Takeaway

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

How much do homes in Le Roy, IL cost?

Median Sold Price

$132,500

$89/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

-$750(-0.6%)

Key Takeaway

Homes in Le Roy have sold for 0.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $23.5K-
N/A
2 $113.2K$109.9K
-3.0%
3 $130K$128.5K
-1.1%
4 $185K$175.5K
-5.1%
5+ $225.9K$195K
-13.7%

Median Sold Price Compared To Nearby Cities

Empire Township
+4.3%
Le Roy
-0.6%

How many homes are available in Le Roy, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
41-75.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 30
-100.0%
4 11
0.0%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Le Roy, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Average Sale Time

Jan 2022Jan 2023%
14 Days3 Days-79.3%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Le Roy, IL

Le Roy, IL has 1 homes on the market. The inventory of homes for sale in Le Roy, IL between December 2022 and January 2023 decreased by 75%. Listings spent 3 days on the market in January 2023, and had a median list price of $132,500 during the same period. This housing market listing prices have changed between December 2022 and January 2023: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties decreased by 3%, 3 bedrooms properties became 1.1% more cheaper, prices of 4 bedrooms properties decreased by 5.1%, 5 bedrooms properties became 13.7% more cheaper. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, 2 bedrooms homes inventory did not change, 3 bedrooms homes became 100% less available, 4 bedrooms homes inventory did not change, 5 bedrooms homes inventory did not change. While more than 1 listings in Le Roy, IL in January 2023 were sold above asking price, there were more than 0 listings sold at asking price, and more than 0 were sold below.