Housing Prices in Dement Township, IL
How much do homes in Dement Township, IL cost?
Median List Price
$249,450
$161/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Dement Township has increased by 56.6% since last year.
Summary: The median home list price in Dement Township was $249,450 in May 2024, up 56.6% from the previous year, and the median price per square foot was $161.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $129.9K | - | N/A |
| 3 Bedrooms | $209K | $249.9K | +19.6% |
| 4 Bedrooms | $145K | $225K | +55.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Dement 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 did not change, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 55.2%, and 5+ bedroom homes did not change.
Median List Price Compared To Nearby Cities
| Dement Township | $159.2K | $249.4K | +56.6% |
| Rochelle | $159.9K | $185.9K | +16.3% |
| Flagg Township | $165K | $179.9K | +9.1% |
| Hillcrest | $139.5K | $139.9K | 0.4% |
Housing Supply in Dement Township, IL
How many homes are available in Dement Township, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Summary: The Dement Township real estate market had 1 homes for sale in May 2024, a 66.7% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Dement 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Dement Township, IL
How long does it take to sell a home in Dement Township, IL?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 72 Days | +56.5% |
Summary: Homes in Dement Township had an average listing age of 72 days in May 2024, up by 56.5% compared to the previous year.
