Real Estate In Peotone is a balanced market favoring buyers. There is significant amount of homes for sale in Peotone, and buyers are not in a rush to buy yet. There is a 8.59 months supply of inventory on the market in Peotone on December 31, 1969.
Now is the Time to Buy! The average market time for a Single Family Homes to sell in Peotone last month was 25 days.
The number of home sales in Peotone from August 1, 2019 through August 31, 2019 was 6 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 $86/Sq.Ft, which is 4% an increase from last month.


In Peotone there were 2 units sold in August in the price range between $162,000 – $188,075 with an average of 2.5 bedrooms and 2 bathrooms and average Square footage of 1,932SF.

In Peotone there were 3 units sold in August in the price range between $188,076 – $264,574 with an average of 3.7 bedrooms and 2 bathrooms and average Square footage of 2,097SF.

In Peotone there were 1 units sold in August in the price range between $264,575 – $315,000 with an average of 3 bedrooms and 3 bathrooms and average Square footage of 2,000SF.

The low price range had the most activity. Homes up to $188,075 were on the market on average 11 days and sold an average of $165,950.

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
Jul 1, 2019 – Jul 31, 2019
Aug 1, 2019 – Aug 31, 2019
Month
July
August
Average Listing Price
$309,150
$323,990
Median Sales Price
$197,400
$214,150
Month supply of inventory
7.3
8.6
Market Time Detached
105 days
25 days
Market Time Attached
59 days
0 days
Inventory
88 properties
90 properties
Low price range
$135,000 – $166,200
$162,000 – $188,075
Low price range market time
80 days
11 days
Low price range units sold
0
2
Low price range bedrooms
3
2.5
Low price range bathrooms
1
2
Low price range approx sqft
1,650 SF
1,932 SF
Mid price range
$166,201 – $234,699
$188,076 – $264,574
Mid price range market time
33 days
42 days
Mid price range units sold
2
3
Mid price range bedrooms
3
3.7
Mid price range bathrooms
2.1
2
Mid price range approx sqft
2,106 SF
2,097 SF
High price range
$234,700 – $272,000
$264,575 – $315,000
High price range market time
252 days
1 days
High price range units sold
1
1
High price range bedrooms
4
3
High price range bathrooms
2.1
3
High price range approxsqft
2,662 SF
2,000 SF