Single-Family Homes
Tue Jul 01 2025
This week the median list price for Kingston, IL is $275,000 with the market action index hovering around 70. This is less than last month's market action index of 100. Inventory has held steady at or around 3.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.
Median List Price | $275,000 | |
Median Price of New Listings | $275,000 | |
Per Square Foot | $134 | |
Average Days on Market | 40 | |
Median Days on Market | 14 | |
Price Decreased | 33% | |
Price Increased | 0% | |
Relisted | 0% | |
Inventory | 3 | |
Median Rent | ||
Market Action | 70 | |
Strong Seller's Market |
Despite this week’s down tic, price trends have been moving up in the last few weeks. We are below the market’s high point. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$425,000 | 3,500 | 1 - 2.5 acres | 3 | 2 | NaN | 0 | 0 | 14 |
$275,000 | 1,066 | - | 2 | 1 | 80 | 1 | 0 | 0 |
$130,000 | 966 | 0.25 - 0.5 acre | 2 | 1 | 54 | 0 | 0 | 105 |
$0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |