Is Livingston County, 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, Livingston County has remained a Seller's Market.
Housing Prices in Livingston County, IL
How much do homes in Livingston County, IL cost?
Median Sold Price
$132,000
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Livingston County was $132,000 in May 2024, down 2.2% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $48K | $64.5K | +34.4% |
2 Bedrooms | $95K | $92.7K | -2.4% |
3 Bedrooms | $136.2K | $143.7K | +5.5% |
4 Bedrooms | $167.5K | $162K | -3.3% |
5+ Bedrooms | $215K | $155K | -27.9% |
Summary: Livingston County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 27.9%.
Median Sold Price Compared To Nearby Counties
Woodford County | $185K | $221.2K | +19.6% |
Ford County | $122K | $135K | +10.7% |
LaSalle County | $138.8K | $150K | +8.1% |
Grundy County | $252K | $260K | +3.2% |
Livingston County | $135K | $132K | -2.2% |
Housing Supply in Livingston County, IL
How many homes are available in Livingston County, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
80 | 84 | +5.0% |
Summary: The Livingston County real estate market had 84 homes for sale in May 2024, a 5.0% increase 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 | 18 | 24 | +33.3% |
3 Bedrooms | 40 | 38 | -5.0% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Livingston County 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 increased by 33.3%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Livingston County in May 2024, up by 3.8% month-over-month. Of the 27 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Livingston County, IL
How long does it take to sell a home in Livingston County, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
64 Days | 51 Days | -20.8% |
Summary: Homes in Livingston County had an average of 51 days on market in May 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Livingston County; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.