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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Kingston Township has remained a Seller's Market.

Key Takeaway

Kingston Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kingston Township, IL

How much do homes in Kingston Township, IL cost?

Median Sold Price

$312,250

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,250(-2.6%)

Key Takeaway

Homes in Kingston Township have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Kingston Township was $312,250 in November 2024, down 2.6% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$90K
N/A
2 $371.6K$364.2K
-2.0%
3 $276K$287.2K
+4.1%
4 $324.9K$350.7K
+8.0%
5+ $417.5K$450K
+7.8%

Summary: Kingston Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Genoa Township
+12.2%
Genoa
+11.8%
Kingston
+5.8%
Kingston Township
-2.6%

Housing Supply in Kingston Township, IL

How many homes are available in Kingston Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2625-3.8%

Summary: The Kingston Township real estate market had 25 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1313
0.0%
4 44
0.0%
5+ 32
-33.3%

Summary: The Kingston Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Kingston Township in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
63 Days25 Days-60.5%

Summary: Homes in Kingston Township had an average of 25 days on market in Nov 2024, down by 60.5% compared to last year.

Breakdown of Home Sale Times

4 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 November 2024, 5 homes were sold in Kingston 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.

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

Report Updated 17 Days Ago

Newest Listings in Kingston Township, IL

Nearby Markets to Kingston Township, IL

What housing markets are near Kingston Township, IL?