Is Livingston County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Livingston County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Livingston County, IL

How much do homes in Livingston County, IL cost?

Median Sold Price

$132,300

$82/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$2,300(+1.8%)

Key Takeaway

Homes in Livingston County have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in Livingston County was $132,300 in March 2024, up 1.8% from last year, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $48K$64.5K
+34.4%
2 $90K$99.9K
+11.0%
3 $139.9K$140K
0.1%
4 $165K$167.2K
+1.4%
5+ $210K$169.9K
-19.1%

Summary: Livingston County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes decreased by 19.1%.

Median Sold Price Compared To Nearby Counties

Woodford County
+16.9%
LaSalle County
+9.8%
Ford County
+8.4%
Grundy County
+3.3%
Livingston County
+1.8%

Housing Supply in Livingston County, IL

How many homes are available in Livingston County, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
8985-4.5%

Summary: The Livingston County real estate market had 85 homes for sale in March 2024, a 4.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 2022
+10.0%
3 3634
-5.6%
4 2520
-20.0%
5+ 79
+28.6%

Summary: The Livingston County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2223+4.5%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston County, you may be able to get a good deal. 87% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Livingston County in March 2024, up by 4.5% month-over-month. Of the 23 sold homes, 87% were sold under asking, 4% were sold at asking, and 9% were sold over asking.

Days on Market for Livingston County, IL

How long does it take to sell a home in Livingston County, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
37 Days49 Days+31.1%

Summary: Homes in Livingston County had an average of 49 days on market in Mar 2024, up by 31.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 23 homes were sold in Livingston County; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% 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 22 Days Ago

Newest Listings in Livingston County, IL

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