Is LaSalle County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing LaSalle County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, LaSalle County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in LaSalle County, IL

How much do homes in LaSalle County, IL cost?

Median Sold Price

$164,166

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,738(+12.9%)

Key Takeaway

Homes in LaSalle County have sold for 12.9% more than they did a year ago.

Summary: The median home sold price in LaSalle County was $164,166 in November 2024, up 12.9% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $43K$96K
+123.3%
2 $101.5K$118K
+16.3%
3 $160.5K$169.4K
+5.6%
4 $178.7K$230K
+28.7%
5+ $169.5K$198K
+16.8%

Summary: LaSalle County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 123.3%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes increased by 16.8%.

Median Sold Price Compared To Nearby Counties

Putnam County
+27.3%
LaSalle County
+12.9%
Marshall County
+9.8%
Livingston County
+6.5%
Grundy County
+6.1%

Housing Supply in LaSalle County, IL

How many homes are available in LaSalle County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
338356+5.3%

Summary: The LaSalle County real estate market had 356 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 97
-22.2%
2 8388
+6.0%
3 157158
+0.6%
4 6274
+19.4%
5+ 2729
+7.4%

Summary: The LaSalle County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 7.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7185+19.7%

Asking Price vs. Sold Price

42 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in LaSalle County, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in LaSalle County in November 2024, up by 19.7% month-over-month. Of the 85 sold homes, 49% were sold under asking, 19% were sold at asking, and 32% were sold over asking.

Days on Market for LaSalle County, IL

How long does it take to sell a home in LaSalle County, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days32 Days-41.4%

Summary: Homes in LaSalle County had an average of 32 days on market in Nov 2024, down by 41.4% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in LaSalle County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 85 homes were sold in LaSalle County; 69% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% 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 21 Days Ago

Newest Listings in LaSalle County, IL

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