$475 Closing Credit*
$40,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Re/Max Alliance
Is South Litchfield Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, South Litchfield Township has remained a Seller's Market.
Key Takeaway
South Litchfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Litchfield Township, IL
How much do homes in South Litchfield Township, IL cost?
Median Sold Price
$85,500
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$500(-0.6%)
Key Takeaway
Homes in South Litchfield Township have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in South Litchfield Township was $85,500 in November 2024, down 0.6% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $71K | N/A |
| 2 Bedrooms | $52.5K | $76K | +44.8% |
| 3 Bedrooms | $105K | $85.5K | -18.6% |
| 4 Bedrooms | $42.5K | $165K | +288.2% |
| 5+ Bedrooms | $112.5K | - | N/A |
Summary: South Litchfield Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.8%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes increased by 288.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Cahokia Township | $89K | $109.9K | +23.5% |
| Hillsboro Township | $117.5K | $125K | +6.4% |
| South Litchfield Township | $86K | $85.5K | -0.6% |
| Litchfield | $116K | $110K | -5.2% |
| North Litchfield Township | $155K | $129K | -16.8% |
Housing Supply in South Litchfield Township, IL
How many homes are available in South Litchfield Township, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The South Litchfield Township real estate market had 10 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 1 | 2 | +100.0% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Litchfield 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 20%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in South Litchfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in South Litchfield Township in November 2024, up by 200.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for South Litchfield Township, IL
How long does it take to sell a home in South Litchfield Township, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 96 Days | 224 Days | +133.5% |
Summary: Homes in South Litchfield Township had an average of 224 days on market in Nov 2024, up by 133.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Litchfield Township has remained consistent over time.
Summary: During November 2024, 6 homes were sold in South Litchfield Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.