Real Estate In Peotone is a balanced market that favoring sellers. We still see plenty of inventory, so plenty of bargains for the buyers. There is a 5.07 months supply of inventory on the market in Peotone on January 31, 2019.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Peotone last month was 49 days. It took on average 17 days to sell Peotone Condo, Townhouse or a Duplex.
The number of home sales in Peotone from December 1, 2018 through December 31, 2018 was 7 units. That is 1% above the number of homes sold last month in Peotone.
The average price per square foot in the area is now $84/Sq.Ft, which is 33% a decline from last month.


In Peotone there were 2 units sold in December in the price range between $125,000 – $160,286 with an average of 3 bedrooms and 1 bathrooms and average Square footage of 1,500SF.

In Peotone there were 3 units sold in December in the price range between $160,287 – $232,785 with an average of 3.3 bedrooms and 2 bathrooms and average Square footage of 2,073SF.

In Peotone there were 2 units sold in December in the price range between $232,786 – $270,000 with an average of 4 bedrooms and 2.1 bathrooms and average Square footage of 2,522SF.

The middle price range had the most activity. Homes up to $232,785 were on the market on average 23 days and sold an average of $199,666.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Peotone. Search all Peotone homes for Sale on propertyup.com If you are considering viewing Peotone, you may want to do so now!

Peotone
Nov 1, 2018 – Nov 30, 2018
Dec 1, 2018 – Dec 31, 2018
Month
November
December
Average Listing Price
$268,093
$292,476
Median Sales Price
$290,446
$195,571
Month supply of inventory
5.2
5.1
Market Time Detached
32 days
49 days
Market Time Attached
0 days
17 days
Inventory
65 properties
67 properties
Low price range
$212,500 – $251,473
$125,000 – $160,286
Low price range market time
28 days
90 days
Low price range units sold
0
2
Low price range bedrooms
4.5
3
Low price range bathrooms
2.6
1
Low price range approx sqft
2,330 SF
1,500 SF
Mid price range
$251,474 – $341,472
$160,287 – $232,785
Mid price range market time
30 days
23 days
Mid price range units sold
2
3
Mid price range bedrooms
3.5
3.3
Mid price range bathrooms
2.1
2
Mid price range approx sqft
2,100 SF
2,073 SF
High price range
$341,473 – $392,500
$232,786 – $270,000
High price range market time
45 days
32 days
High price range units sold
1
2
High price range bedrooms
5
4
High price range bathrooms
2.1
2.1
High price range approxsqft
3,000 SF
2,522 SF