#25007411, Listing Office: Re/Max Alliance
Fort Russell Township Housing Market Report January 2025•Madison County, Illinois
Housing Prices in Fort Russell Township, IL
How much do homes in Fort Russell Township, IL cost?
Housing Market Conditions
Is Fort Russell Township, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Fort Russell Township is a Seller's Market
Difference Since January 2024
Since last year, Fort Russell Township has remained a Seller's Market.
Fort Russell Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Fort Russell Township have sold for 9.3% less than they did a year ago.
Summary: The median home sold price in Fort Russell Township was $250,000 in January 2025, down 9.3% from last year, and the median price per square foot was $138.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Wood River | $110K | $129.9K | +18.1% |
Bethalto | $180K | $187K | +3.9% |
Fort Russell Township | $275.5K | $250K | -9.3% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $48.4K | - | N/A |
22 Bedrooms | $137.2K | $172K | +25.4% |
33 Bedrooms | $265K | $230K | -13.2% |
44 Bedrooms | $375K | $395K | +5.3% |
55+ Bedrooms | $587.5K | $403.7K | -31.3% |
Summary: Fort Russell Township housing price by bedroom type for January 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 +25.4%. The home price for 3 bedroom homes decreased by -13.2%. The home price for 4 bedroom homes increased by +5.3%. The home price for 5 bedroom homes decreased by -31.3%.
Housing supply in Fort Russell Township, IL
How many homes are available in Fort Russell Township, IL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
23Last MonthJan 2025 | ||
252 months agoDec 2024 | -8.0 % Change MoMDec – Jan |
Summary: The Fort Russell Township real estate market had 23 homes for sale in Jan 2025, a 8.0 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthJan 2025 | ||
102 months agoDec 2024 | -60.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 6 | 4 | -33.3% |
33 Bedrooms | 16 | 13 | -18.8% |
44 Bedrooms | 3 | 6 | +100.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Fort Russell Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -33.3%. The inventory for 3 bedroom homes decreased by -18.8%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Fort Russell Township, IL cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price3 Homes
If you're buying a home in Fort Russell Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Fort Russell Township in January 2025, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and and 0% were sold over asking.
Days on Market for Fort Russell Township, IL
How long does it take to sell a home in Fort Russell Township, IL?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Many homes in Fort Russell Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in Fort Russell Township; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
43 DaysThis YearJan 2025 | ||
60 Days1 year agoJan 2024 | -28.8 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Fort Russell Township had an average listing age of 43 days in Jan 2025, down by 28.8% compared to the previous year.
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Newest Listings in Fort Russell Township, IL
What homes are available in Fort Russell Township, IL?
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MLS Disclaimers and Copyright
Based on information from Mid America Regional Information System, for the period 02/01/2023 - 02/01/2025
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
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Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). 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: 2/21/2025, 5:23:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.