Is Kingston Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kingston Township is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Kingston Township was a Buyer's Market.

Key Takeaway

Kingston Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kingston Township, IL

How much do homes in Kingston Township, IL cost?

Median Sold Price

$307,000

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,000(-1.0%)

Key Takeaway

Homes in Kingston Township have sold for 1% less than they did a year ago.

Summary: The median home sold price in Kingston Township was $307,000 in October 2024, down 1% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$90K
N/A
2 $360.7K$375K
+4.0%
3 $270.5K$287.2K
+6.2%
4 $325K$342.5K
+5.4%
5+ $417.5K$450K
+7.8%

Summary: Kingston Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Genoa Township
+10.0%
Kingston
+7.9%
Genoa
+5.9%
Kingston Township
-1.0%

Housing Supply in Kingston Township, IL

How many homes are available in Kingston Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2627+3.8%

Summary: The Kingston Township real estate market had 27 homes for sale in October 2024, a 3.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 1513
-13.3%
4 45
+25.0%
5+ 33
0.0%

Summary: The Kingston Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kingston Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Kingston Township in October 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Kingston Township, IL

How long does it take to sell a home in Kingston Township, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days21 Days-16.3%

Summary: Homes in Kingston Township had an average of 21 days on market in Oct 2024, down by 16.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kingston Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in Kingston Township; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Kingston Township, IL

Nearby Markets to Kingston Township, IL

What housing markets are near Kingston Township, IL?