Inventory in Livingston County has expanded notably, with active listings up about 26 percent from a year ago to 167. New listings have also climbed more than 34 percent year over year, signaling more options for shoppers. Even with more homes available, pending sales are up nearly 44 percent compared with last September, showing buyers are still stepping in when homes meet their needs.
Pricing has been relatively steady despite the shifting supply and demand. The typical home value is a little over $164,000 and sits roughly 3 percent higher than a year ago, while the median list price has inched up almost 4 percent annually but pulled back compared with August. Homes are taking longer to sell, with median days on market rising to 50, up slightly from last year and higher than the quicker pace seen in mid-summer. Months of supply has jumped to 4.6 from much leaner levels a year ago, suggesting more breathing room than the broader Illinois market, which sits at about 2.9 months of supply.
Seller leverage has cooled somewhat, with only about 21 percent of homes closing above list price and the average sale-to-list ratio just over 96 percent and slightly lower than last year. With more inventory and slower days on market, buyers may have more room to negotiate, while sellers still benefit from values that are higher than a year ago. Agent Pronto can connect both buyers and sellers with an experienced Livingston County agent who understands these trends and how to navigate them.
