What's Happening?
In Livingston County, Illinois, the median home list price for November was $185,000, marking a 2.8% increase from the previous month's $180,000, according to data from Realtor.com. The median home size was 1,739 square feet, with a price of $114 per
square foot, up 3.1% from November 2024. Listings in Livingston County moved quickly, with homes on the market for a median of 58 days, compared to the national median of 64 days. The county saw 24 new listings in November, a 20% increase from the previous year. These statistics reflect only houses listed for sale, excluding new constructions and pending sales.
Why It's Important?
The increase in median home prices in Livingston County is indicative of a robust local housing market, contrasting with the slight national decrease in median home prices. The brisk movement of listings suggests strong demand, which could be beneficial for sellers looking to capitalize on the market conditions. The rise in new listings also points to increased activity and interest in the area, potentially attracting more buyers. As the national median home price decreased slightly, Livingston County's market dynamics highlight regional variations in housing trends, which can impact local economies and real estate investments.
