2 days on Rocket
#QC4265078, Starr Fell, Listing office: eXp Realty
Preemption Township Housing Market Report June 2025•Mercer County, Illinois
Housing Prices in Preemption Township, IL
How much do homes in Preemption Township, IL cost?
Housing Market Conditions
Is Preemption Township, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Preemption Township is a Seller's Market
Difference Since June 2024
Since last year, Preemption Township has remained a Seller's Market.
Insight
Preemption Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$139,650$92/SqFt
-$27,850
-16.6%
Based on all homes sold in the last 12 months
Insight
Homes in Preemption Township have sold for 16.6% less than they did a year ago.
Summary: The median home sold price in Preemption Township was $139,650 in June 2025, down 16.6% from last year, and the median price per square foot was $92.
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $88K | $75K | -14.8% |
| 33 Bedrooms | $167.5K | $123.8K | -26.0% |
| 44 Bedrooms | $270K | $323.5K | +19.8% |
| 55+ Bedrooms | $320K | $154.4K | -51.7% |
Summary: Preemption Township housing price by bedroom type for June 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 -14.8%. The home price for 3 bedroom homes decreased by -26.0%. The home price for 4 bedroom homes increased by +19.8%. The home price for 5 bedroom homes decreased by -51.7%.
How does Preemption Township, IL compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Preemption Township, IL
Housing supply in Preemption Township, IL
How many homes are available in Preemption Township, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthJun 2025 | ||
| 82 months agoMay 2025 | +37.5 % Change MoMMay – Jun |
Summary: The Preemption Township real estate market had 11 homes for sale in Jun 2025, a 37.5 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJun 2025 | ||
| 22 months agoMay 2025 | +50.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 3 | +200.0% |
| 33 Bedrooms | 5 | 6 | +20.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Preemption Township housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +200.0%. The inventory for 3 bedroom homes increased by +20.0%. 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 Preemption Township, IL cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Preemption Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Preemption Township in June 2025, up by 50.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Preemption Township, IL
How long does it take to sell a home in Preemption Township, IL?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Preemption Township has remained consistent over time.
Summary: During June 2025, 3 homes were sold in Preemption Township; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 35 DaysThis YearJun 2025 | ||
| 11 Days1 year agoJun 2024 | +210.1 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Preemption Township had an average listing age of 35 days in Jun 2025, up by 210.1% compared to the previous year.
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Newest Listings in Preemption Township, IL
What homes are available in Preemption Township, IL?
#QC4264182, Nancy Landi, Listing office: RE/MAX Concepts Moline
Backup offers
#QC4263865, Emilie Lawrence, Listing office: Epique Realty
#QC4263835, Suzanne Witcher, Listing office: Mel Foster Co. Davenport
#QC4263462, Gary Williams, Listing office: Ruhl&Ruhl REALTORS Moline
#QC4263108, Richard Bassford, Listing office: RE/MAX Concepts Bettendorf
Nearby markets
Nearby markets aren't available for Preemption Township, IL
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 07/01/2023 - 07/01/2025
Listings courtesy of RMLS Alliance as distributed by MLS GRID.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.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/10/2025, 12:50:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.