Is Lewistown, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewistown is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Lewistown has remained a Buyer's Market.

Key Takeaway

Lewistown is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lewistown, IL

How much do homes in Lewistown, IL cost?

Median Sold Price

$81,225

$60/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,975(+12.4%)

Key Takeaway

Homes in Lewistown have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in Lewistown was $81,225 in October 2024, up 12.4% from last year, and the median price per square foot was $60.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$87.5K
N/A
2 $55.7K$68.9K
+23.8%
3 $102.5K$113.5K
+10.7%
4 $89.5K$101.7K
+13.7%
5+ $318K$112.5K
-64.6%

Summary: Lewistown 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 23.8%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 64.6%.

Median Sold Price Compared To Nearby Cities

Lewistown
+12.4%
Lewistown Township
+10.7%

Housing Supply in Lewistown, IL

How many homes are available in Lewistown, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
990.0%

Summary: The Lewistown real estate market had 9 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 66
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Lewistown 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewistown, 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 Lewistown 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 Lewistown, IL

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Lewistown; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Lewistown, IL

Nearby Markets to Lewistown, IL