Is Washington Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Washington Township has remained a Seller's Market.
Housing Prices in Washington Township, IL
How much do homes in Washington Township, IL cost?
Median Sold Price
$239,900
$133/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Washington Township was $239,900 in April 2024, up 31.5% from last month, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $145K | $172K | +18.6% |
3 Bedrooms | $169.9K | $225K | +32.4% |
4 Bedrooms | $296.5K | $300K | +1.2% |
5+ Bedrooms | $195K | $417.5K | +114.1% |
Summary: Washington Township housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 32.4%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 114.1%.
Housing Supply in Washington Township, IL
How many homes are available in Washington Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 61 | -10.3% |
Summary: The Washington Township real estate market had 61 homes for sale in April 2024, a 10.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 8 | 0.0% |
3 Bedrooms | 35 | 26 | -25.7% |
4 Bedrooms | 17 | 17 | 0.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Washington Township 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 remained the same, 3 bedroom homes decreased by 25.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 23 | +15.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Washington Township in April 2024, up by 15.0% month-over-month. Of the 23 sold homes, 35% were sold under asking, 26% were sold at asking, and 39% were sold over asking.
Days on Market for Washington Township, IL
How long does it take to sell a home in Washington Township, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 8 Days | -79.7% |
Summary: Homes in Washington Township had an average of 8 days on market in Apr 2024, down by 79.7% compared to last month.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Washington Township; 96% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.