Is Walnut, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Walnut was a Seller's Market.
Housing Prices in Walnut, IL
How much do homes in Walnut, IL cost?
Median Sold Price
$88,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Walnut was $88,000 in February 2024, down 18.1% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $72K | - | N/A |
2 Bedrooms | $77.5K | $62K | -20.0% |
3 Bedrooms | $132.5K | $145K | +9.4% |
4 Bedrooms | $78.7K | $133.5K | +69.5% |
5+ Bedrooms | - | - | N/A |
Summary: Walnut housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 69.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Walnut | $107.5K | $88K | -18.1% |
Walnut Township | $110K | $88K | -20.0% |
Housing Supply in Walnut, IL
How many homes are available in Walnut, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 6 | +200.0% |
Summary: The Walnut real estate market had 6 homes for sale in February 2024, a 200.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 0 | 2 | +100.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Walnut housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Walnut in February 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Walnut, IL
How long does it take to sell a home in Walnut, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
88 Days | 19 Days | -78.4% |
Summary: Homes in Walnut had an average of 19 days on market in Feb 2024, down by 78.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Walnut; 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.