Illinois Township Housing Market Report April 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 Buyer's Market

Difference Since April 2024

At the same time last year, Illinois Township was a Seller's Market.

Insight

Illinois Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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.
$195,000$123/SqFt
+$15,033
+8.4%

Based on all homes sold in the last 12 months

Insight

Homes in Illinois Township have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Illinois Township was $195,000 in April 2025, up 8.4% 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
+10.2%
Illinois Township
+8.4%
Dardanelle Township
+5.7%
Valley Township
-22.0%

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.
BedsApr 2024Apr 2025Change YoY
1-$115K
N/A
2$122.5K$118K
-3.7%
3$169.2K$194.9K
+15.2%
4$267.5K$293K
+9.5%
5$465K$430K
-7.5%

Summary: Illinois Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -3.7%. The home price for 3 bedroom homes increased by +15.2%. The home price for 4 bedroom homes increased by +9.5%. 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
165Last MonthApr 2025
1632 months agoMar 2025
+1.2 %
Change MoMMar – Apr

Summary: The Illinois Township real estate market had 165 homes for sale in Apr 2025, a 1.2 % increase compared to Mar 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
20Last MonthApr 2025
382 months agoMar 2025
-47.4 %
Change MoMMar – Apr

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.
BedsMar 2025Apr 2025Change MoM
101
+100.0%
21718
+5.9%
3101100
-1.0%
43236
+12.5%
51310
-23.1%

Summary: Illinois Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +5.9%. The inventory for 3 bedroom homes decreased by -1.0%. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes decreased by -23.1%.

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 Price1 Home

At Asking Price2 Homes

Under Asking Price17 Homes

Insight

If you're buying a home in Illinois Township, you may be able to get a good deal. 85% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Illinois Township in April 2025, down by 47.4% month-over-month. Of the 20 sold homes, 85% were sold under asking, 10% were sold at asking, and and 5% 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 Days1 Home

30 – 90 Days6 Homes

Over 90 Days7 Homes

Insight

Most homes in Illinois Township are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2025, 20 homes were sold in Illinois Township; 5% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 35% 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
112 DaysThis YearApr 2025
34 Days1 year agoApr 2024
+230.7 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Illinois Township had an average listing age of 112 days in Apr 2025, up by 230.7% 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 ArkansasONE MLS, Cooperative Arkansas REALTORS® MLS, Houston REALTORS® Information Service, and Western River Valley Board of REALTORS® MLS for the period 05/01/2023 - 05/01/2025

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: 5/2/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The 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 data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2025 Cooperative Arkansas Realtors MLS. 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: 5/2/2025, 3:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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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: 5/2/2025, 3:20:54 PM 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: 5/2/2025, 3:16:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.