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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Will Township is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Will Township was a Neutral Market.

Key Takeaway

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

How much do homes in Will Township, IL cost?

Median Sold Price

$360,000

$116/sqft

Based on all homes sold in May 2022.

Difference Since Last Month

+$100,000(+38.5%)

Key Takeaway

Homes in Will Township have sold for 38.5% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022May 2022%
1 --
N/A
2 --
N/A
3 $260K$360K
+38.5%
4 --
N/A
5+ --
N/A

Median Sold Price Compared To Nearby Cities

Sumner Township
+53.9%
Will Township
+38.5%

How many homes are available in Will Township, IL?

Number of Homes For Sale

Apr 2022May 2022%
76-14.3%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 00
0.0%
5+ 11
0.0%

Number of Homes Sold

Apr 2022May 2022%
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Will Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Apr 2022May 2022%
7 Days7 Days+7.1%

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

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Will Township, IL

Will Township, IL has 6 homes on the market. In May 2022 in Will Township, IL there were 14.3% less homes for sale than in April 2022. The median list price of listings available in May 2022 was $360,000, while the average time on the real estate market was 7 days. This housing market listing prices have changed between May 2021 and May 2022: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties increased by 0%, prices of 3 bedrooms properties increased by 38.5%, prices of 4 bedrooms properties increased by 0%, 5 bedrooms properties became 0% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, number of 2 bedrooms homes remained the same, 3 bedrooms homes became 16.7% less available, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory did not change. In May 2022 more than 1 listings in Will Township, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below.

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