Housing Prices in Polk Township, IL

How much do homes in Polk Township, IL cost?

Median List Price

$540,000

$203/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$272,000(+101.5%)

Key Takeaway

The list price of homes in Polk Township has increased by 101.5% since last year.

Summary: The median home list price in Polk Township was $540,000 in March 2024, up 101.5% from the previous year, and the median price per square foot was $203.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $325K$257.4K
-20.8%
3 $262K$265K
+1.1%
4 $420K$576.4K
+37.3%
5+ -$632.9K
N/A

Summary: Polk Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.8%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 37.3%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Chesterfield Township
+123.4%
Polk Township
+101.5%
Brushy Mound Township
-16.3%

Housing Supply in Polk Township, IL

How many homes are available in Polk Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
917+88.9%

Summary: The Polk Township real estate market had 17 homes for sale in March 2024, a 88.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 57
+40.0%
4 27
+250.0%
5+ 11
0.0%

Summary: The Polk 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 increased by 100%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 250%, and 5+ bedroom homes remained the same.

Days on Market for Polk Township, IL

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

Average Listing Age

Mar 2023Mar 2024CHANGE
111 Days74 Days-32.9%

Summary: Homes in Polk Township had an average listing age of 74 days in Mar 2024, down by 32.9% compared to the previous year.

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

Report Updated 24 Days Ago

Newest Listings in Polk Township, IL

Nearby Markets to Polk Township, IL