Is Woodstock, 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, Woodstock has remained a Seller's Market.
Housing Prices in Woodstock, IL
How much do homes in Woodstock, IL cost?
Median Sold Price
$298,983
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Woodstock was $298,983 in April 2024, up 14.8% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $112K | +12.0% |
2 Bedrooms | $190.7K | $215K | +12.7% |
3 Bedrooms | $260K | $290K | +11.5% |
4 Bedrooms | $328K | $385K | +17.4% |
5+ Bedrooms | $353.1K | $460K | +30.2% |
Summary: Woodstock housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 30.2%.
Median Sold Price Compared To Nearby Cities
Greenwood Township | $258.5K | $299.9K | +16.0% |
Woodstock | $260.3K | $298.9K | +14.8% |
Dorr Township | $277K | $309.5K | +11.7% |
Bull Valley | $569K | $582.5K | +2.4% |
Seneca Township | $377.5K | $357.5K | -5.3% |
Housing Supply in Woodstock, IL
How many homes are available in Woodstock, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
94 | 103 | +9.6% |
Summary: The Woodstock real estate market had 103 homes for sale in April 2024, a 9.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 13 | 12 | -7.7% |
3 Bedrooms | 36 | 41 | +13.9% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Woodstock housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 31 | -3.1% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Woodstock in April 2024, down by 3.1% month-over-month. Of the 31 sold homes, 32% were sold under asking, 16% were sold at asking, and 52% were sold over asking.
Days on Market for Woodstock, IL
How long does it take to sell a home in Woodstock, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 17 Days | -27.9% |
Summary: Homes in Woodstock had an average of 17 days on market in Apr 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Woodstock; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.