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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lewistown Township is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Lewistown Township, IL

How much do homes in Lewistown Township, IL cost?

Median Sold Price

$86,000

$68/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$16,000(+22.9%)

Key Takeaway

Homes in Lewistown Township have sold for 22.9% more than they did a year ago.

Summary: The median home sold price in Lewistown Township was $86,000 in December 2024, up 22.9% from last year, and the median price per square foot was $68.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$87.5K
N/A
2 $64.7K$71.2K
+10.0%
3 $112K$110K
-1.8%
4 $76K$143.5K
+88.9%
5+ $219K$105K
-52.1%

Summary: Lewistown Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 88.9%, and 5+ bedroom homes decreased by 52.1%.

Median Sold Price Compared To Nearby Cities

Lewistown Township
+22.9%
Lewistown
+21.4%

Housing Supply in Lewistown Township, IL

How many homes are available in Lewistown Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
14140.0%

Summary: The Lewistown Township real estate market had 14 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 55
0.0%
3 88
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Lewistown Township housing inventory by bedroom type for December 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

Nov 2024Dec 2024CHANGE
06+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lewistown Township, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Lewistown Township in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 50% were sold at asking, and 33% were sold over asking.

Days on Market for Lewistown Township, IL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
14 Days8 Days-38.1%

Summary: Homes in Lewistown Township had an average of 8 days on market in Dec 2024, down by 38.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 6 homes were sold in Lewistown Township; 83% of homes were sold within 30 days, 17% 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 4 Days Ago

Newest Listings in Lewistown Township, IL

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