Is Limestone Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Limestone Township was a Buyer's Market.
Housing Prices in Limestone Township, IL
How much do homes in Limestone Township, IL cost?
Median Sold Price
$263,750
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Limestone Township was $263,750 in June 2024, up 19.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $183K | $173K | -5.5% |
3 Bedrooms | $216.2K | $225K | +4.0% |
4 Bedrooms | $264K | $320K | +21.2% |
5+ Bedrooms | $334.5K | $340K | +1.6% |
Summary: Limestone Township housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Limestone | $181.2K | $254.7K | +40.5% |
Kankakee | $128K | $156.6K | +22.3% |
Kankakee Township | $129.8K | $156.6K | +20.6% |
Limestone Township | $220K | $263.7K | +19.9% |
Bourbonnais Township | $210.6K | $245K | +16.3% |
Housing Supply in Limestone Township, IL
How many homes are available in Limestone Township, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 14 | +7.7% |
Summary: The Limestone Township real estate market had 14 homes for sale in June 2024, a 7.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Limestone Township housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Limestone Township in June 2024, up by 66.7% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
38 Days | 6 Days | -83.7% |
Summary: Homes in Limestone Township had an average of 6 days on market in Jun 2024, down by 83.7% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in Limestone Township; 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.