Is Dwight, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dwight is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Dwight was a Buyer's Market.

Key Takeaway

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

How much do homes in Dwight, IL cost?

Median Sold Price

$190,000

$126/sqft

Based on all homes sold in January 2023.

Difference Since Last Month

+$83,300(+78.1%)

Key Takeaway

Homes in Dwight have sold for 78.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSDec 2022Jan 2023%
1 --
N/A
2 -$150K
N/A
3 $106.7K$236K
+121.2%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Dwight
+78.1%
Dwight Township
+78.1%

How many homes are available in Dwight, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
17170.0%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 56
+20.0%
3 109
-10.0%
4 11
0.0%
5+ 11
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
25+150.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dwight, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Dec 2022Jan 2023%
79 Days37 Days-52.7%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Dwight, IL

There are 17 homes are for sale in Dwight, IL real estate market. While the average time on the market in January 2023 was 37 days, the median list price was $190,000. Between January 2022 and January 2023, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, 3 bedrooms properties prices increased by 121.2%, prices of 4 bedrooms properties went up by 0%, 5 bedrooms properties prices increased by 0%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went up by 20%, volume of 3 bedrooms homes went down by 10%, volume of 4 bedrooms homes stayed the same, number of 5 bedrooms homes remained the same. In January 2023 more than 1 listings in Dwight, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 4 were sold below.

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