$115,000
Land
Sara Varner, Listing Office: Platinum Key Real Estate, LLC
Is Knox Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Knox Township was a Buyer's Market.
Key Takeaway
Knox Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Knox Township, IL
How much do homes in Knox Township, IL cost?
Median Sold Price
$317,000
$100/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
+$202,000(+175.7%)
Key Takeaway
Homes in Knox Township have sold for 175.7% more than they did a month ago.
Summary: The median home sold price in Knox Township was $317,000 in November 2024, up 175.7% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $350K | N/A |
| 4 Bedrooms | $115K | $284K | +147.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Knox Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 147%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Knox Township | $115K | $317K | +175.7% |
| Knoxville | $115K | $317K | +175.7% |
Housing Supply in Knox Township, IL
How many homes are available in Knox Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 10 | +25.0% |
Summary: The Knox Township real estate market had 10 homes for sale in November 2024, a 25.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 8 | +60.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Knox 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 increased by 60%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were 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 2 homes were sold or pending in Knox Township in November 2024, up by 100.0% month-over-month. Of the 2 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 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 Days | 168 Days | +242.9% |
Summary: Homes in Knox Township had an average of 168 days on market in Nov 2024, up by 242.9% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Knox Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Knox Township; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.