Is Waukegan Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Waukegan Township has remained a Seller's Market.
Housing Prices in Waukegan Township, IL
How much do homes in Waukegan Township, IL cost?
Median Sold Price
$211,666
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Waukegan Township was $211,666 in April 2024, up 12% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $64K | $72K | +12.6% |
2 Bedrooms | $170K | $182K | +7.1% |
3 Bedrooms | $200K | $220.1K | +10.1% |
4 Bedrooms | $215K | $237K | +10.2% |
5+ Bedrooms | $202K | $235K | +16.3% |
Summary: Waukegan Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
Waukegan | $200K | $224.9K | +12.5% |
Waukegan Township | $189K | $211.6K | +12.0% |
North Chicago | $170K | $185K | +8.8% |
Beach Park | $244.9K | $247K | +0.9% |
Housing Supply in Waukegan Township, IL
How many homes are available in Waukegan Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
133 | 135 | +1.5% |
Summary: The Waukegan Township real estate market had 135 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 30 | 28 | -6.7% |
3 Bedrooms | 61 | 65 | +6.6% |
4 Bedrooms | 27 | 30 | +11.1% |
5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The Waukegan 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 decreased by 6.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 41 | +2.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in Waukegan Township in April 2024, up by 2.5% month-over-month. Of the 41 sold homes, 24% were sold under asking, 17% were sold at asking, and 59% were sold over asking.
Days on Market for Waukegan Township, IL
How long does it take to sell a home in Waukegan Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 14 Days | -54.4% |
Summary: Homes in Waukegan Township had an average of 14 days on market in Apr 2024, down by 54.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 41 homes were sold in Waukegan Township; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.