Illinois Township Housing Market Report March 2025•Pope County, Arkansas

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Housing Prices in Illinois Township, AR

How much do homes in Illinois Township, AR cost?

Housing Market Conditions

Is Illinois Township, AR a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Illinois Township is a Seller's Market

Difference Since March 2024

Since last year, Illinois Township has remained a Seller's Market.

Insight

Illinois Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$194,900$123/SqFt
+$15,000
+8.3%

Based on all homes sold in the last 12 months

Insight

Homes in Illinois Township have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Illinois Township was $194,900 in March 2025, up 8.3% from last year, and the median price per square foot was $123.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Russellville
+11.5%
Dardanelle Township
+9.1%
Illinois Township
+8.3%
Valley Township
-18.4%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1-$115K
N/A
2$116.2K$118K
+1.5%
3$170K$190.6K
+12.2%
4$264K$293K
+11.0%
5$465K$430K
-7.5%

Summary: Illinois Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.5%. The home price for 3 bedroom homes increased by +12.2%. The home price for 4 bedroom homes increased by +11.0%. The home price for 5 bedroom homes decreased by -7.5%.

How does Illinois Township, AR compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Illinois Township, AR

Housing supply in Illinois Township, AR

How many homes are available in Illinois Township, AR?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
156Last MonthMar 2025
1432 months agoFeb 2025
+9.1 %
Change MoMFeb – Mar

Summary: The Illinois Township real estate market had 156 homes for sale in Mar 2025, a 9.1 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
33Last MonthMar 2025
242 months agoFeb 2025
+37.5 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
21315
+15.4%
38697
+12.8%
43533
-5.7%
5911
+22.2%

Summary: Illinois Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +15.4%. The inventory for 3 bedroom homes increased by +12.8%. The inventory for 4 bedroom homes decreased by -5.7%. The inventory for 5 bedroom homes increased by +22.2%.

Asking Price vs. Sold Price

How much do homes in Illinois Township, AR cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price11 Homes

Under Asking Price19 Homes

Insight

If you're buying a home in Illinois Township, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Illinois Township in March 2025, up by 37.5% month-over-month. Of the 32 sold homes, 59% were sold under asking, 34% were sold at asking, and and 6% were sold over asking.

Days on Market for Illinois Township, AR

How long does it take to sell a home in Illinois Township, AR?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Illinois Township has remained consistent over time.

Summary: During March 2025, 33 homes were sold in Illinois Township; 0% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
56 DaysThis YearMar 2025
0 Days1 year agoMar 2024
0.0 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Illinois Township had an average listing age of 56 days in Mar 2025, down by .0% compared to the previous year.

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Newest Listings in Illinois Township, AR

What homes are available in Illinois Township, AR?

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Nearby markets

Nearby markets aren't available for Illinois Township, AR

Popular Cities with Homes for Sale in Arkansas

MLS Disclaimers and Copyright

Based on information from Cooperative Arkansas REALTORS® MLS, Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC, Houston REALTORS® Information Service, and Western River Valley Board of REALTORS® MLS for the period 04/01/2023 - 04/01/2025

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2025 Northwest Arkansas Board of Realtors All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 4/7/2025, 5:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/7/2025, 5:16:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.