Is Kingston Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingston Township is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Kingston Township was a Buyer's Market.

Key Takeaway

Kingston Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kingston Township, IL

How much do homes in Kingston Township, IL cost?

Median Sold Price

$310,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$32,100(+11.6%)

Key Takeaway

Homes in Kingston Township have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in Kingston Township was $310,000 in May 2024, up 11.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$90K
N/A
2 $302.4K$366.6K
+21.3%
3 $262.5K$287K
+9.3%
4 $354K$292.5K
-17.4%
5+ $150K$417.5K
+178.3%

Summary: Kingston Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.3%, 3 bedroom homes increased by 9.3%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes increased by 178.3%.

Median Sold Price Compared To Nearby Cities

Kingston Township
+11.6%
Genoa Township
+10.7%
Genoa
+9.3%

Housing Supply in Kingston Township, IL

How many homes are available in Kingston Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1824+33.3%

Summary: The Kingston Township real estate market had 24 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 55
0.0%
3 913
+44.4%
4 46
+50.0%
5+ 00
0.0%

Summary: The Kingston Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 44.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingston Township, you could pay more than the asking price. 75% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Kingston Township in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.

Days on Market for Kingston Township, IL

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

Average Sale Time

May 2023May 2024CHANGE
1 Day6 Days+500.0%

Summary: Homes in Kingston Township had an average of 6 days on market in May 2024, up by 500% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 4 homes were sold in Kingston 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.

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

Report Updated 1 Day Ago

Newest Listings in Kingston Township, IL

Nearby Markets to Kingston Township, IL

What housing markets are near Kingston Township, IL?