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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toulon Township is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Toulon Township, IL

How much do homes in Toulon Township, IL cost?

Median Sold Price

$138,500

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,600(+10.9%)

Key Takeaway

Homes in Toulon Township have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Toulon Township was $138,500 in October 2024, up 10.9% from last year, and the median price per square foot was $69.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $63K$61K
-3.2%
3 $135K$125K
-7.4%
4 $187.5K$141.2K
-24.7%
5+ -$160K
N/A

Summary: Toulon Township 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 decreased by 3.2%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 24.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Toulon Township
+10.9%
Wyoming
-19.8%

Housing Supply in Toulon Township, IL

How many homes are available in Toulon Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
710+42.9%

Summary: The Toulon Township real estate market had 10 homes for sale in October 2024, a 42.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 37
+133.3%
4 43
-25.0%
5+ 00
0.0%

Summary: The Toulon 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 remained the same, 3 bedroom homes increased by 133.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Toulon Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Toulon Township in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Toulon Township, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
69 Days123 Days+77.0%

Summary: Homes in Toulon Township had an average of 123 days on market in Oct 2024, up by 77% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Toulon Township has remained consistent over time.

Summary: During October 2024, 2 homes were sold in Toulon Township; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 21 Days Ago

Newest Listings in Toulon Township, IL

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