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

Housing Market Conditions



Gauge showing Wadsworth is a seller's market


Difference Since June 2023

Since last year, Wadsworth has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Wadsworth, IL

How much do homes in Wadsworth, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since June 2023


Key Takeaway

Homes in Wadsworth have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Wadsworth was $412,500 in June 2024, up 6.9% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 --
2 $207K$242.4K
3 $350.9K$389.9K
4 $450K$467.5K
5+ $570K$650K

Summary: Wadsworth housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 14%.

Median Sold Price Compared To Nearby Cities

Zion Township
Newport Township
Beach Park

Housing Supply in Wadsworth, IL

How many homes are available in Wadsworth, IL?

Number of Homes For Sale

May 2024Jun 2024CHANGE

Summary: The Wadsworth real estate market had 39 homes for sale in June 2024, a 2.5% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
2 56
3 1918
4 1213
5+ 42

Summary: The Wadsworth housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

May 2024Jun 2024CHANGE

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wadsworth, you could pay more than the asking price. 54.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in Wadsworth in June 2024, up by 22.2% month-over-month. Of the 11 sold homes, 9% were sold under asking, 36% were sold at asking, and 55% were sold over asking.

Days on Market for Wadsworth, IL

How long does it take to sell a home in Wadsworth, IL?

Average Sale Time

Jun 2023Jun 2024CHANGE
23 Days6 Days-72.3%

Summary: Homes in Wadsworth had an average of 6 days on market in Jun 2024, down by 72.3% compared to last year.

Breakdown of Home Sale Times

11 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 Wadsworth are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 11 homes were sold in Wadsworth; 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 23 Days Ago

Newest Listings in Wadsworth, IL

Nearby Markets to Wadsworth, IL

What housing markets are near Wadsworth, IL?