Julie Bowald, Listing Office: Jim Maloof Realty, Inc.
Is Washburn, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Washburn was a Neutral Market.
Housing Prices in Washburn, IL
How much do homes in Washburn, IL cost?
Median Sold Price
$164,000
$71/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
Summary: The median home sold price in Washburn was $164,000 in September 2024, up 27.6% from last year, and the median price per square foot was $71.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $102.5K | $112K | +9.3% |
3 Bedrooms | $101.7K | $164K | +61.3% |
4 Bedrooms | $147.4K | $282.5K | +91.6% |
5+ Bedrooms | - | $196.5K | N/A |
Summary: Washburn housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 61.3%, 4 bedroom homes increased by 91.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Washburn | $128.5K | $164K | +27.6% |
Cazenovia Township | $135K | $124.3K | -7.9% |
Housing Supply in Washburn, IL
How many homes are available in Washburn, IL?
Number of Homes For Sale
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
7 | 2 | -71.4% |
Summary: The Washburn real estate market had 2 homes for sale in September 2024, a 71.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 1 | -80.0% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Washburn housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 80%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Aug 2024 | Sep 2024 | CHANGE |
---|---|---|
4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Washburn in September 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Washburn, IL
How long does it take to sell a home in Washburn, IL?
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 September 2024, 1 homes were sold in Washburn; 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.