Is Lyndon Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Lyndon Township has remained a Seller's Market.
Housing Prices in Lyndon Township, IL
How much do homes in Lyndon Township, IL cost?
Median Sold Price
$155,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lyndon Township was $155,000 in May 2024, up 72.2% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $112.5K | $15K | -86.7% |
3 Bedrooms | $112K | $165K | +47.3% |
4 Bedrooms | $84.9K | - | N/A |
5+ Bedrooms | $27K | - | N/A |
Summary: Lyndon Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 86.7%, 3 bedroom homes increased by 47.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lyndon Township | $90K | $155K | +72.2% |
Lyndon | $97.4K | $155K | +59.1% |
Mount Pleasant Township | $115K | $116.5K | +1.3% |
Housing Supply in Lyndon Township, IL
How many homes are available in Lyndon Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Summary: The Lyndon Township real estate market had 3 homes for sale in May 2024, a 25.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lyndon Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Lyndon Township in May 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Lyndon Township, IL
How long does it take to sell a home in Lyndon Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
62 Days | 53 Days | -15.0% |
Summary: Homes in Lyndon Township had an average of 53 days on market in May 2024, down by 15% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Lyndon Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.