New - 13 hours on Rocket
$1,484 Closing Credit¹
#PA1255978, Donna Fauntleroy, Listing Office: Coldwell Banker Real Estate Group
Timber Township Housing Market Report January 2025•Peoria County, Illinois
Housing Prices in Timber Township, IL
How much do homes in Timber Township, IL cost?
Housing Market Conditions
Is Timber Township, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Timber Township is a Neutral Market
Difference Since December 2024
Last month, Timber Township was a Seller's Market.
Insight
Timber Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
$107,500$112/SqFt
-$32,000
-22.9%
Based on all homes sold in January 2025
Insight
Homes in Timber Township have sold for 22.9% less than they did a month ago.
Summary: The median home sold price in Timber Township was $107,500 in January 2025, down 22.9% from last month, and the median price per square foot was $112.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Glasford | $80K | $107.5K | +34.4% |
| Logan Township | $189K | $208K | +10.1% |
| Timber Township | $139.5K | $107.5K | -22.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $80K | - | N/A |
| 33 Bedrooms | $199K | $107.5K | -46.0% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Timber 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 did not change. The home price for 3 bedroom homes decreased by -46.0%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Timber Township, IL
How many homes are available in Timber Township, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJan 2025 | ||
| 92 months agoDec 2024 | -33.3 % Change MoMDec – Jan |
Summary: The Timber Township real estate market had 6 homes for sale in Jan 2025, a 33.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthJan 2025 | ||
| 22 months agoDec 2024 | -50.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 4 | 3 | -25.0% |
| 33 Bedrooms | 3 | 2 | -33.3% |
| 44 Bedrooms | 0 | 0 | 0.0% |
| 55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Timber 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 -25.0%. The inventory for 3 bedroom homes decreased by -33.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Timber Township, IL cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price0 Home
Insight
If you're buying a home in Timber Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Timber Township in January 2025, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.
Days on Market for Timber Township, IL
How long does it take to sell a home in Timber Township, IL?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Timber Township are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 1 homes were sold in Timber Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 7 DaysLast MonthJan 2025 | ||
| 13 Days1 month agoDec 2024 | -48.1 % Change MoMDec – Jan |
Summary: Homes in Timber Township had an average listing age of 7 days in Jan 2025, down by 48.1% compared to the previous month.
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Newest Listings in Timber Township, IL
What homes are available in Timber Township, IL?
#PA1255427, Eileen Huber, Listing Office: Jim Maloof Realty, Inc.
$1,186 Closing Credit¹
#PA1255078, Adam Merrick, Listing Office: Adam Merrick Real Estate
$802 Closing Credit¹
#PA1254948, Lisa Inman, Listing Office: BHHS Central Illinois, REALTOR
Backup offers
$2,601 Closing Credit¹
#PA1254208, April Barrett, Listing Office: RE/MAX Traders Unlimited
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MLS Disclaimers and Copyright
Based on information from RMLS Alliance, for the period 12/01/2024 - 02/01/2025
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.
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: 2/13/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.