Is West Bluff, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Bluff is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, West Bluff has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Bluff, IL

How much do homes in West Bluff, IL cost?

Median Sold Price

$59,450

$42/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$450(-0.8%)

Key Takeaway

Homes in West Bluff have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in West Bluff was $59,450 in April 2024, down 0.8% from last year, and the median price per square foot was $42.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $24.5K$26K
+6.2%
2 $35.2K$32K
-9.2%
3 $70.2K$55K
-21.7%
4 $91.2K$89.9K
-1.4%
5+ $142K$130K
-8.5%

Summary: West Bluff housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes decreased by 9.2%, 3 bedroom homes decreased by 21.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 8.5%.

Housing Supply in West Bluff, IL

How many homes are available in West Bluff, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36360.0%

Summary: The West Bluff real estate market had 36 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 1516
+6.7%
4 98
-11.1%
5+ 45
+25.0%

Summary: The West Bluff 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 12.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Bluff, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in West Bluff in April 2024, down by 23.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for West Bluff, IL

How long does it take to sell a home in West Bluff, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days44 Days+13.5%

Summary: Homes in West Bluff had an average of 44 days on market in Apr 2024, up by 13.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 10 homes were sold in West Bluff; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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 14 Days Ago

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