$2,838 Closing Credit*
$239,000
1,688 SqFt
3 Beds
•2 Full Baths
Tim Eagle, Listing Office: CENTURY 21 Tucker Swanson
Is Knox Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Knox Township was a Seller's Market.
Key Takeaway
Knox Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Knox Township, IL
How much do homes in Knox Township, IL cost?
Median Sold Price
$141,700
$98/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$11,700(+9.0%)
Key Takeaway
Homes in Knox Township have sold for 9% more than they did a year ago.
Summary: The median home sold price in Knox Township was $141,700 in October 2024, up 9% from last year, and the median price per square foot was $98.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $60K | N/A |
| 2 Bedrooms | $106K | $110.9K | +4.7% |
| 3 Bedrooms | $143.5K | $139.9K | -2.5% |
| 4 Bedrooms | $161.7K | $210K | +29.8% |
| 5+ Bedrooms | $201.1K | $499K | +148.0% |
Summary: Knox 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 4.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 148%.
Median Sold Price Compared To Nearby Cities
| Knox Township | $130K | $141.7K | +9.0% |
| Galesburg | $99.6K | $98.4K | -1.2% |
| Galesburg City Township | $96.5K | $94.9K | -1.7% |
| Knoxville | $146.7K | $137.5K | -6.3% |
Housing Supply in Knox Township, IL
How many homes are available in Knox Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Knox Township real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Knox 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 decreased by 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Knox Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Knox Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Knox Township, IL
How long does it take to sell a home in Knox Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 49 Days | +22.5% |
Summary: Homes in Knox Township had an average of 49 days on market in Oct 2024, up by 22.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Knox Township has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Knox Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.