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 26 Days Ago

Newest Listings in Lake Township, IL

Nearby Markets to Lake Township, IL

What housing markets are near Lake Township, IL?