Is Wauponsee Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wauponsee Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Wauponsee Township, IL

How much do homes in Wauponsee Township, IL cost?

Median Sold Price

$252,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$44,000(-14.9%)

Key Takeaway

Homes in Wauponsee Township have sold for 14.9% less than they did a year ago.

Summary: The median home sold price in Wauponsee Township was $252,000 in March 2024, down 14.9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$138.5K
N/A
2 $157K$288.5K
+83.8%
3 $237.5K$252K
+6.1%
4 $385K$360.5K
-6.4%
5+ $605K$240K
-60.3%

Summary: Wauponsee Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 83.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 60.3%.

Median Sold Price Compared To Nearby Cities

Morris Township
+15.6%
Morris
+3.9%
Mazon Township
+1.8%
Wauponsee Township
-14.9%
Goose Lake Township
-15.6%

Housing Supply in Wauponsee Township, IL

How many homes are available in Wauponsee Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
34+33.3%

Summary: The Wauponsee Township real estate market had 4 homes for sale in March 2024, a 33.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 00
0.0%
5+ 01
+100.0%

Summary: The Wauponsee Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
01+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wauponsee Township, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Wauponsee Township in March 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 Wauponsee Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
34 Days9 Days-73.8%

Summary: Homes in Wauponsee Township had an average of 9 days on market in Mar 2024, down by 73.8% 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wauponsee Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 1 homes were sold in Wauponsee Township; 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 18 Days Ago

Newest Listings in Wauponsee Township, IL

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