Is Willow Creek Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Creek Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Willow Creek Township has remained a Seller's Market.

Key Takeaway

Willow Creek Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Willow Creek Township, IL

How much do homes in Willow Creek Township, IL cost?

Median Sold Price

$429,900

$152/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$193,900(+82.2%)

Key Takeaway

Homes in Willow Creek Township have sold for 82.2% more than they did a month ago.

Summary: The median home sold price in Willow Creek Township was $429,900 in May 2024, up 82.2% from last month, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $236K-
N/A
3 --
N/A
4 -$429.9K
N/A
5+ --
N/A

Summary: Willow Creek Township housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Willow Creek Township
+82.2%
Alto Township
-8.9%

Housing Supply in Willow Creek Township, IL

How many homes are available in Willow Creek Township, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
21-50.0%

Summary: The Willow Creek Township real estate market had 1 homes for sale in May 2024, a 50.0% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Willow Creek Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willow Creek 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 Willow Creek Township in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Willow Creek Township, IL

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

Average Sale Time

Apr 2024May 2024CHANGE
5 Days8 Days+60.0%

Summary: Homes in Willow Creek Township had an average of 8 days on market in May 2024, up by 60% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Willow Creek Township are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 1 homes were sold in Willow Creek 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Willow Creek Township, IL