Is Libertyville 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, Libertyville Township has remained a Seller's Market.
Housing Prices in Libertyville Township, IL
How much do homes in Libertyville Township, IL cost?
Median Sold Price
$441,495
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Libertyville Township was $441,495 in March 2024, up 7.5% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $145K | +14.2% |
2 Bedrooms | $225K | $227.5K | +1.1% |
3 Bedrooms | $345.5K | $350K | +1.3% |
4 Bedrooms | $600K | $640K | +6.7% |
5+ Bedrooms | $772.5K | $815K | +5.5% |
Summary: Libertyville Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.2%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 5.5%.
Median Sold Price Compared To Nearby Cities
Libertyville | $473K | $545K | +15.2% |
Libertyville Township | $410.6K | $441.4K | +7.5% |
Vernon Hills | $376K | $400K | +6.4% |
Green Oaks | $735K | $725K | -1.4% |
Housing Supply in Libertyville Township, IL
How many homes are available in Libertyville Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
151 | 179 | +18.5% |
Summary: The Libertyville Township real estate market had 179 homes for sale in March 2024, a 18.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 24 | 22 | -8.3% |
3 Bedrooms | 43 | 68 | +58.1% |
4 Bedrooms | 58 | 63 | +8.6% |
5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Libertyville 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 decreased by 8.3%, 3 bedroom homes increased by 58.1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
39 | 46 | +17.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Libertyville Township in March 2024, up by 17.9% month-over-month. Of the 46 sold homes, 39% were sold under asking, 17% were sold at asking, and 43% were sold over asking.
Days on Market for Libertyville Township, IL
How long does it take to sell a home in Libertyville Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 20 Days | -15.7% |
Summary: Homes in Libertyville Township had an average of 20 days on market in Mar 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 46 homes were sold in Libertyville Township; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.