Is Wethersfield Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wethersfield Township was a Seller's Market.
Housing Prices in Wethersfield Township, IL
How much do homes in Wethersfield Township, IL cost?
Median Sold Price
$82,450
$73/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wethersfield Township was $82,450 in April 2024, down 25% from last year, and the median price per square foot was $73.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $85K | - | N/A |
2 Bedrooms | $50K | $60.2K | +20.5% |
3 Bedrooms | $127.7K | $102.9K | -19.4% |
4 Bedrooms | $100K | $154.5K | +54.5% |
5+ Bedrooms | $115K | $132K | +14.8% |
Summary: Wethersfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.5%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 54.5%, and 5+ bedroom homes increased by 14.8%.
Median Sold Price Compared To Nearby Cities
Wethersfield Township | $110K | $82.4K | -25.0% |
Kewanee | $87K | $65K | -25.3% |
Housing Supply in Wethersfield Township, IL
How many homes are available in Wethersfield Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Summary: The Wethersfield Township real estate market had 14 homes for sale in April 2024, a 40.0% increase 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 | 1 | 5 | +400.0% |
3 Bedrooms | 6 | 7 | +16.7% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Wethersfield 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 increased by 400%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Wethersfield Township in April 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Wethersfield Township, IL
How long does it take to sell a home in Wethersfield Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 13 Days | -64.9% |
Summary: Homes in Wethersfield Township had an average of 13 days on market in Apr 2024, down by 64.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Wethersfield 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.