Is Wood River Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wood River Township has remained a Seller's Market.
Housing Prices in Wood River Township, IL
How much do homes in Wood River Township, IL cost?
Median Sold Price
$125,125
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wood River Township was $125,125 in April 2024, up 14.8% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55K | $25.7K | -53.2% |
2 Bedrooms | $83.1K | $96K | +15.5% |
3 Bedrooms | $140K | $145K | +3.6% |
4 Bedrooms | $175.7K | $177K | +0.7% |
5+ Bedrooms | $197.5K | $209K | +5.8% |
Summary: Wood River Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.2%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 5.8%.
Median Sold Price Compared To Nearby Cities
East Alton | $97.4K | $133K | +36.6% |
Wood River Township | $109K | $125.1K | +14.8% |
Alton | $105K | $118.2K | +12.6% |
Alton Township | $105K | $118K | +12.3% |
Housing Supply in Wood River Township, IL
How many homes are available in Wood River Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 107 | +18.9% |
Summary: The Wood River Township real estate market had 107 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 34 | 41 | +20.6% |
3 Bedrooms | 39 | 46 | +17.9% |
4 Bedrooms | 8 | 15 | +87.5% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Wood River Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 33 | +17.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in Wood River Township in April 2024, up by 17.9% month-over-month. Of the 33 sold homes, 33% were sold under asking, 21% were sold at asking, and 45% were sold over asking.
Days on Market for Wood River Township, IL
How long does it take to sell a home in Wood River Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 42 Days | -14.6% |
Summary: Homes in Wood River Township had an average of 42 days on market in Apr 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in Wood River Township; 52% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.