In April, Livingston County’s median home price dropped slightly to $177,000, down 1.7% from the previous month, but saw a 35% increase from April 2024, as reported by Realtor (.com). The county also experienced a 45.5% rise in new listings compared to last year, with homes spending a median of 61 days on the market.

Drop from Previous Month

The median home price in Livingston County for April was listed at $177,000, reflecting a 1.7% decrease from the previous month’s $180,000. This decline follows a broader trend of market adjustments but still shows significant year-over-year growth.

Strong Year-Over-Year Growth

Compared to April 2024, the median home price in Livingston County has increased by 35%, rising from $131,150. This notable increase demonstrates ongoing demand in the local housing market despite minor monthly fluctuations.

Price Per Square Foot Drops

In April, the median home in Livingston County was listed at $0.09 per square foot. This represents a 5.5% decline in price per square foot compared to the same period last year, possibly signaling changes in home types or a shift in pricing strategies.

Homes Selling Steadily

Homes in Livingston County took a median of 61 days to sell in April, which is slightly longer than the national median of 50 days. However, it is an improvement from March, when homes had a median of 54 days on the market. This suggests a stable, though slightly slower, market.

Surge in New Listings

April saw 32 new homes listed in Livingston County, marking a 45.5% increase from 22 new listings in April 2024. This surge in new listings reflects an uptick in available inventory, providing more options for prospective buyers in the area.

Data Excludes New Construction & Pending Sales

It’s important to note that the statistics in this report focus exclusively on homes listed for sale and exclude many other market factors. The data specifically represents single-family homes, condominiums, and townhomes, but excludes most new construction homes, as well as pending and contingent sales.

Illinois and National Housing Comparison

In Illinois, the median home price stood at $312,500, showing a slight increase from March, with a price of $0.10 per square foot. Nationally, the median home price was $431,250, also reflecting a modest increase from the previous month. The national median price per square foot was $0.18, highlighting the broader trends in housing markets across the U.S.