Is Liberty Grove, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Liberty Grove is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Liberty Grove has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Liberty Grove, IL

How much do homes in Liberty Grove, IL cost?

Median Sold Price

$463,000

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,000(+14.0%)

Key Takeaway

Homes in Liberty Grove have sold for 14% more than they did a year ago.

Summary: The median home sold price in Liberty Grove was $463,000 in April 2024, up 14% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $390K$403.5K
+3.5%
4 $405K$465K
+14.8%
5+ $437K$475K
+8.7%

Summary: Liberty Grove housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 8.7%.

Housing Supply in Liberty Grove, IL

How many homes are available in Liberty Grove, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The Liberty Grove real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 00
0.0%
4 22
0.0%
5+ 10
-100.0%

Summary: The Liberty Grove housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

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 Liberty Grove, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Liberty Grove in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Liberty Grove, IL

How long does it take to sell a home in Liberty Grove, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
5 Days5 Days-9.1%

Summary: Homes in Liberty Grove had an average of 5 days on market in Apr 2024, down by 9.1% compared to last year.

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 Liberty Grove are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Liberty Grove; 100% of homes were sold within 30 days, 0% 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 3 Days Ago

Newest Listings in Liberty Grove, IL

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