Is Trees of Wheaton, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Trees of Wheaton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Trees of Wheaton has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Trees of Wheaton, IL

How much do homes in Trees of Wheaton, IL cost?

Median Sold Price

$215,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$40,000(+22.9%)

Key Takeaway

Homes in Trees of Wheaton have sold for 22.9% more than they did a year ago.

Summary: The median home sold price in Trees of Wheaton was $215,000 in April 2024, up 22.9% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $175K$212.5K
+21.4%
3 -$243K
N/A
4 --
N/A
5+ --
N/A

Summary: Trees of Wheaton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Trees of Wheaton, IL

How many homes are available in Trees of Wheaton, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
43-25.0%

Summary: The Trees of Wheaton real estate market had 3 homes for sale in April 2024, a 25.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Trees of Wheaton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Trees of Wheaton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Trees of Wheaton in April 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Trees of Wheaton, IL

How long does it take to sell a home in Trees of Wheaton, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
3 Days12 Days+316.7%

Summary: Homes in Trees of Wheaton had an average of 12 days on market in Apr 2024, up by 316.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Trees of Wheaton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Trees of Wheaton; 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 5 Days Ago

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