Is Will Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Will Township has remained a Seller's Market.
Housing Prices in Will Township, IL
How much do homes in Will Township, IL cost?
Median Sold Price
$398,000
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Will Township was $398,000 in March 2024, up 20.6% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $150K | - | N/A |
3 Bedrooms | $336K | $391.5K | +16.5% |
4 Bedrooms | $260K | $410K | +57.7% |
5+ Bedrooms | $360K | - | N/A |
Summary: Will 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 did not change, 3 bedroom homes increased by 16.5%, 4 bedroom homes increased by 57.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Will Township | $330K | $398K | +20.6% |
Peotone | $255K | $295K | +15.7% |
Crete Township | $210K | $226.5K | +7.9% |
Monee Township | $224.9K | $203.3K | -9.6% |
Washington Township | $250K | $218.2K | -12.7% |
Housing Supply in Will Township, IL
How many homes are available in Will Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Summary: The Will Township real estate market had 3 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Will 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 increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Will Township in March 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Will Township, IL
How long does it take to sell a home in Will Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
51 Days | 22 Days | -56.9% |
Summary: Homes in Will Township had an average of 22 days on market in Mar 2024, down by 56.9% 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
Summary: During March 2024, 1 homes were sold in Will 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.