Is Limestone Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Limestone Township has remained a Seller's Market.
Housing Prices in Limestone Township, IL
How much do homes in Limestone Township, IL cost?
Median Sold Price
$143,700
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Limestone Township was $143,700 in May 2024, up 10.5% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $40K | $47.5K | +18.8% |
2 Bedrooms | $83.2K | $89K | +6.9% |
3 Bedrooms | $135K | $150K | +11.1% |
4 Bedrooms | $200K | $240K | +20.0% |
5+ Bedrooms | $200K | $267.5K | +33.8% |
Summary: Limestone Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.8%.
Median Sold Price Compared To Nearby Cities
West Peoria Township | $91K | $104K | +14.3% |
Limestone Township | $130K | $143.7K | +10.5% |
Bartonville | $121K | $132.5K | +9.5% |
Bellevue | $92.7K | $84.5K | -8.9% |
Housing Supply in Limestone Township, IL
How many homes are available in Limestone Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 72 | +7.5% |
Summary: The Limestone Township real estate market had 72 homes for sale in May 2024, a 7.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 15 | 15 | 0.0% |
3 Bedrooms | 39 | 33 | -15.4% |
4 Bedrooms | 9 | 15 | +66.7% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Limestone Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 29 | +31.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Limestone Township in May 2024, up by 31.8% month-over-month. Of the 29 sold homes, 52% were sold under asking, 21% were sold at asking, and 28% were sold over asking.
Days on Market for Limestone Township, IL
How long does it take to sell a home in Limestone Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 35 Days | +80.2% |
Summary: Homes in Limestone Township had an average of 35 days on market in May 2024, up by 80.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 29 homes were sold in Limestone Township; 72% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.