Is Limestone 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, Limestone Township has remained a Seller's Market.
Housing Prices in Limestone Township, IL
How much do homes in Limestone Township, IL cost?
Median Sold Price
$139,966
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Limestone Township was $139,966 in March 2024, up 6% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $47K | $47.5K | +1.1% |
2 Bedrooms | $84.2K | $84.5K | 0.3% |
3 Bedrooms | $138.2K | $148.7K | +7.6% |
4 Bedrooms | $201K | $227.4K | +13.2% |
5+ Bedrooms | $220K | $202K | -8.2% |
Summary: Limestone Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Cities
Bartonville | $121K | $131.9K | +9.0% |
Limestone Township | $132K | $139.9K | +6.0% |
West Peoria Township | $93.4K | $96.5K | +3.3% |
Bellevue | $87K | $84.5K | -2.9% |
Housing Supply in Limestone Township, IL
How many homes are available in Limestone Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
51 | 66 | +29.4% |
Summary: The Limestone Township real estate market had 66 homes for sale in March 2024, a 29.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 35 | 44 | +25.7% |
4 Bedrooms | 5 | 9 | +80.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Limestone Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 80%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Limestone Township in March 2024, up by 50.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 27% were sold at asking, and 13% were sold over asking.
Days on Market for Limestone Township, IL
How long does it take to sell a home in Limestone Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 24 Days | -27.5% |
Summary: Homes in Limestone Township had an average of 24 days on market in Mar 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in Limestone Township; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.