Housing Prices in Magnolia Township, IL

How much do homes in Magnolia Township, IL cost?

Median List Price

$127,450

$89/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$72,549(-36.3%)

Key Takeaway

The list price of homes in Magnolia Township has decreased by 36.3% since last year.

Summary: The median home list price in Magnolia Township was $127,450 in April 2024, down 36.3% from the previous year, and the median price per square foot was $89.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $94.9K$82K
-13.6%
3 $214.4K$127.4K
-40.6%
4 $239.9K$224.5K
-6.4%
5+ -$160K
N/A

Summary: Magnolia Township 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 decreased by 13.6%, 3 bedroom homes decreased by 40.6%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Henry
+1.3%
Magnolia Township
-36.3%

Housing Supply in Magnolia Township, IL

How many homes are available in Magnolia Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
58+60.0%

Summary: The Magnolia Township real estate market had 8 homes for sale in April 2024, a 60.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 25
+150.0%
5+ 00
0.0%

Summary: The Magnolia Township 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 increased by 150%, and 5+ bedroom homes remained the same.

Days on Market for Magnolia Township, IL

How long does it take to sell a home in Magnolia Township, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
46 Days48 Days+4.3%

Summary: Homes in Magnolia Township had an average listing age of 48 days in Apr 2024, up by 4.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Magnolia Township, IL

Nearby Markets to Magnolia Township, IL