Is Kickapoo 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, Kickapoo Township has remained a Seller's Market.
Housing Prices in Kickapoo Township, IL
How much do homes in Kickapoo Township, IL cost?
Median Sold Price
$358,750
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kickapoo Township was $358,750 in May 2024, up 11.2% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $92.9K | N/A |
2 Bedrooms | $154.9K | $168K | +8.5% |
3 Bedrooms | $280K | $250K | -10.7% |
4 Bedrooms | $305K | $363.7K | +19.3% |
5+ Bedrooms | $410K | $436.5K | +6.5% |
Summary: Kickapoo 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 8.5%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Kickapoo Township | $322.5K | $358.7K | +11.2% |
Richwoods Township | $110K | $115K | +4.5% |
Peoria | $126.1K | $129.3K | +2.5% |
Peoria City Township | $108.6K | $109.9K | +1.2% |
Edwards | $380K | $375K | -1.3% |
Housing Supply in Kickapoo Township, IL
How many homes are available in Kickapoo Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 40 | -2.4% |
Summary: The Kickapoo Township real estate market had 40 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 10 | 8 | -20.0% |
4 Bedrooms | 18 | 19 | +5.6% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Kickapoo 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 decreased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 8 | -27.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Kickapoo Township in May 2024, down by 27.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Kickapoo Township, IL
How long does it take to sell a home in Kickapoo Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 43 Days | +64.0% |
Summary: Homes in Kickapoo Township had an average of 43 days on market in May 2024, up by 64% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Kickapoo Township; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.