Is Limestone Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$265,900
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Limestone Township was $265,900 in April 2024, up 19.8% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $183K | $286.5K | +56.6% |
3 Bedrooms | $215.5K | $220K | +2.1% |
4 Bedrooms | $265K | $330.9K | +24.9% |
5+ Bedrooms | $311.1K | $340K | +9.3% |
Summary: Limestone 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 increased by 56.6%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 24.9%, and 5+ bedroom homes increased by 9.3%.
Median Sold Price Compared To Nearby Cities
Kankakee | $121.3K | $155K | +27.7% |
Kankakee Township | $124.8K | $155K | +24.2% |
Limestone Township | $222K | $265.9K | +19.8% |
Bourbonnais Township | $209.9K | $238.4K | +13.6% |
Housing Supply in Limestone Township, IL
How many homes are available in Limestone Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Summary: The Limestone Township real estate market had 9 homes for sale in April 2024, a 10.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 5 | 3 | -40.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Limestone 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 decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Limestone Township in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 28 Days | +366.7% |
Summary: Homes in Limestone Township had an average of 28 days on market in Apr 2024, up by 366.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Limestone Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.