Is Little Rock 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, Little Rock Township has remained a Seller's Market.
Housing Prices in Little Rock Township, IL
How much do homes in Little Rock Township, IL cost?
Median Sold Price
$240,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Little Rock Township was $240,000 in April 2024, up 6.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.4K | $79K | -29.7% |
2 Bedrooms | $182K | $215K | +18.1% |
3 Bedrooms | $227K | $245K | +7.9% |
4 Bedrooms | $289.9K | $305K | +5.2% |
5+ Bedrooms | $357.5K | $397.5K | +11.2% |
Summary: Little Rock Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.7%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 11.2%.
Housing Supply in Little Rock Township, IL
How many homes are available in Little Rock Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Summary: The Little Rock Township real estate market had 36 homes for sale in April 2024, a 20.0% increase 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 | 3 | 4 | +33.3% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Little Rock 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 increased by 33.3%, 3 bedroom homes increased by 15.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Little Rock Township in April 2024, down by 28.6% month-over-month. Of the 10 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for Little Rock Township, IL
How long does it take to sell a home in Little Rock Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 18 Days | +89.0% |
Summary: Homes in Little Rock Township had an average of 18 days on market in Apr 2024, up by 89% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in Little Rock Township; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.