Housing Prices in Lake Township, IL

How much do homes in Lake Township, IL cost?

Median List Price

$122,500

$78/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$19,950(-14.0%)

Key Takeaway

The list price of homes in Lake Township has decreased by 14% since last year.

Summary: The median home list price in Lake Township was $122,500 in October 2024, down 14% from the previous year, and the median price per square foot was $78.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 -$100K
N/A
3 $142.4K$155K
+8.8%
4 -$110K
N/A
5+ --
N/A

Summary: Lake 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 did not change, 3 bedroom homes increased by 8.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Lake Township
-14.0%
Hoyleton Township
-23.6%

Housing Supply in Lake Township, IL

How many homes are available in Lake Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
01+100.0%

Summary: The Lake Township real estate market had 1 homes for sale in October 2024, a 100.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 01
+100.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Lake 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Lake Township, IL

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

Average Listing Age

Oct 2023Oct 2024CHANGE
102 Days6 Days-94.1%

Summary: Homes in Lake Township had an average listing age of 6 days in Oct 2024, down by 94.1% compared to the previous year.

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

Report Updated 4 Days Ago

Newest Listings in Lake Township, IL

Nearby Markets to Lake Township, IL

What housing markets are near Lake Township, IL?