Is Livingston County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Livingston County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Livingston County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Livingston County, IL

How much do homes in Livingston County, IL cost?

Median Sold Price

$133,975

$83/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$975(+0.7%)

Key Takeaway

Homes in Livingston County have sold for 0.7% more than they did a year ago.

Summary: The median home sold price in Livingston County was $133,975 in April 2024, up 0.7% from last year, and the median price per square foot was $83.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $48K$64.5K
+34.4%
2 $93K$99.9K
+7.4%
3 $139.9K$142.5K
+1.9%
4 $169.9K$161K
-5.2%
5+ $225K$164.9K
-26.7%

Summary: Livingston County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.4%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 26.7%.

Median Sold Price Compared To Nearby Counties

Woodford County
+18.5%
Ford County
+14.1%
LaSalle County
+9.1%
Grundy County
+4.6%
Livingston County
+0.7%

Housing Supply in Livingston County, IL

How many homes are available in Livingston County, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8683-3.5%

Summary: The Livingston County real estate market had 83 homes for sale in April 2024, a 3.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2320
-13.0%
3 3439
+14.7%
4 2015
-25.0%
5+ 99
0.0%

Summary: The Livingston County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 13%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
24240.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Livingston County, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Livingston County in April 2024, the same as the previous month. Of the 23 sold homes, 39% were sold under asking, 26% were sold at asking, and 35% were sold over asking.

Days on Market for Livingston County, IL

How long does it take to sell a home in Livingston County, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
46 Days43 Days-7.1%

Summary: Homes in Livingston County had an average of 43 days on market in Apr 2024, down by 7.1% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Livingston County; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 10 Days Ago

Newest Listings in Livingston County, IL

Nearby Markets to Livingston County, IL

What housing markets are near Livingston County, IL?