Okaw Township Housing Market Report May 2025•Shelby County, Illinois

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Housing Prices in Okaw Township, IL

How much do homes in Okaw Township, IL cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$304,950–
+$45,050
+17.3%

Based on all homes listed in May 2025

Insight

The list price of homes in Okaw Township has increased by 17.3% since April.

Summary: The median home list price in Okaw Township was $304,950 in May 2025, up 17.3% from the previous month, and the median price per square foot was $0.

Median List Price By Cities

Median List 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 MoM
Todds Point Township
+44.2%
Okaw Township
+17.3%

Median List Price By Bedrooms

Median List 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 2025May 2025Change MoM
1--
N/A
2--
N/A
3$39.9K$194.9K
+388.6%
4$554.9K$554.9K
0.0%
5--
N/A

Summary: Okaw Township housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +388.6%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Okaw Township, IL compare with other places?

Market comparison tool

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

Okaw Township, IL

Housing supply in Okaw Township, IL

How many homes are available in Okaw Township, IL?

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
4Last MonthMay 2025
32 months agoApr 2025
+33.3 %
Change MoMApr – May

Summary: The Okaw Township real estate market had 4 homes for sale in May 2025, a 33.3 % increase compared to Apr 2025.

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.
BedsApr 2025May 2025Change MoM
100
0.0%
200
0.0%
312
+100.0%
422
0.0%
500
0.0%

Summary: Okaw Township housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Okaw Township, IL 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 Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Okaw Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Okaw Township in May 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Okaw Township, IL

How long does it take to sell a home in Okaw Township, IL?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

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

Summary: During May 2025, 1 homes were sold in Okaw Township; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
119 DaysLast MonthMay 2025
135 Days1 month agoApr 2025
-11.7 %
Change MoMApr – May

Summary: Homes in Okaw Township had an average listing age of 119 days in May 2025, down by 11.7% compared to the previous month.

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Newest Listings in Okaw Township, IL

What homes are available in Okaw Township, IL?

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Nearby markets

Nearby markets aren't available for Okaw Township, IL

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MLS Disclaimers and Copyright

Based on information from Central Illinois Board of Realtors MLS, for the period 04/01/2025 - 06/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 11:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.