$2,553 Closing Credit*
$215,000
3 Beds
•2 Full Baths
Listing Office: United Country Burke Auction and Realty
Is Palestine Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Palestine Township has remained a Seller's Market.
Key Takeaway
Palestine Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Palestine Township, IL
How much do homes in Palestine Township, IL cost?
Median Sold Price
$178,000
$107/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$2,500(-1.4%)
Key Takeaway
Homes in Palestine Township have sold for 1.4% less than they did a month ago.
Summary: The median home sold price in Palestine Township was $178,000 in November 2024, down 1.4% from last month, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $111.1K | - | N/A |
| 3 Bedrooms | $249.9K | - | N/A |
| 4 Bedrooms | - | $178K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Palestine Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Palestine Township | $180.5K | $178K | -1.4% |
| Secor | $180.5K | $178K | -1.4% |
| Olio Township | $176.5K | $127K | -28.0% |
Housing Supply in Palestine Township, IL
How many homes are available in Palestine Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Summary: The Palestine Township real estate market had 2 homes for sale in November 2024, a 60.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Palestine Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Palestine Township, 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 Palestine Township in November 2024, down by 50.0% 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 Palestine Township, IL
How long does it take to sell a home in Palestine Township, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 42 Days | +140.0% |
Summary: Homes in Palestine Township had an average of 42 days on market in Nov 2024, up by 140% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Palestine Township has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Palestine Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.