$712 Closing Credit*
$59,999
660 SqFt
2 Beds
•1 Full Bath
Dylan Force, Listing Office: Keller Williams Revolution.
Is Limestone Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Limestone Township has remained a Seller's Market.
Key Takeaway
Limestone Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Limestone Township, IL
How much do homes in Limestone Township, IL cost?
Median Sold Price
$159,000
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,666(+14.9%)
Key Takeaway
Homes in Limestone Township have sold for 14.9% more than they did a year ago.
Summary: The median home sold price in Limestone Township was $159,000 in October 2024, up 14.9% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $47.5K | $63K | +32.6% |
| 2 Bedrooms | $73.5K | $84.7K | +15.3% |
| 3 Bedrooms | $141.5K | $163.4K | +15.5% |
| 4 Bedrooms | $210K | $252.5K | +20.2% |
| 5+ Bedrooms | $260K | $230K | -11.5% |
Summary: Limestone Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.6%, 2 bedroom homes increased by 15.3%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Limestone Township | $138.3K | $159K | +14.9% |
| Bellevue | $85K | $95.3K | +12.2% |
| West Peoria Township | $97K | $104.5K | +7.7% |
Housing Supply in Limestone Township, IL
How many homes are available in Limestone Township, IL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 74 | +2.8% |
Summary: The Limestone Township real estate market had 74 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 18 | +125.0% |
| 3 Bedrooms | 40 | 34 | -15.0% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Limestone 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 increased by 125%, 3 bedroom homes decreased by 15%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Limestone Township, you may be able to get a good deal. 45% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Limestone Township in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 45% were sold under asking, 35% were sold at asking, and 20% were sold over asking.
Days on Market for Limestone Township, IL
How long does it take to sell a home in Limestone Township, IL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 18 Days | -5.6% |
Summary: Homes in Limestone Township had an average of 18 days on market in Oct 2024, down by 5.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Limestone Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in Limestone Township; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.