Housing Prices in Timberlane, IL

How much do homes in Timberlane, IL cost?

Median List Price

$395,000

$154/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$47,500(+13.7%)

Key Takeaway

The list price of homes in Timberlane has increased by 13.7% since last year.

Summary: The median home list price in Timberlane was $395,000 in March 2024, up 13.7% from the previous year, and the median price per square foot was $154.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $345K$320K
-7.2%
4 $375K$419.9K
+12.0%
5+ --
N/A

Summary: Timberlane 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 did not change, 3 bedroom homes decreased by 7.2%, 4 bedroom homes increased by 12%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Caledonia Township
+28.4%
Timberlane
+13.7%
Poplar Grove Township
+8.8%
Poplar Grove
-10.5%

Housing Supply in Timberlane, IL

How many homes are available in Timberlane, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
32-33.3%

Summary: The Timberlane real estate market had 2 homes for sale in March 2024, a 33.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Timberlane 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Days on Market for Timberlane, IL

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

Average Listing Age

Mar 2023Mar 2024CHANGE
47 Days50 Days+6.3%

Summary: Homes in Timberlane had an average listing age of 50 days in Mar 2024, up by 6.3% compared to the previous year.

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

Report Updated 25 Days Ago

Newest Listings in Timberlane, IL

Nearby Markets to Timberlane, IL