Is Williamson County, 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, Williamson County has remained a Seller's Market.
Housing Prices in Williamson County, IL
How much do homes in Williamson County, IL cost?
Median Sold Price
$160,000
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Williamson County was $160,000 in March 2024, up 7.9% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.5K | $45K | -9.1% |
2 Bedrooms | $69.8K | $78.7K | +12.8% |
3 Bedrooms | $155K | $168.1K | +8.5% |
4 Bedrooms | $260K | $259.5K | -0.2% |
5+ Bedrooms | $384.2K | $425K | +10.6% |
Summary: Williamson County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.1%, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 8.5%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 10.6%.
Median Sold Price Compared To Nearby Counties
Johnson County | $143.7K | $198.5K | +38.1% |
Union County | $110K | $133.5K | +21.4% |
Williamson County | $148.2K | $160K | +7.9% |
Saline County | $79K | $80K | +1.3% |
Franklin County | $86.8K | $87K | 0.2% |
Housing Supply in Williamson County, IL
How many homes are available in Williamson County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
269 | 280 | +4.1% |
Summary: The Williamson County real estate market had 280 homes for sale in March 2024, a 4.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 65 | 71 | +9.2% |
3 Bedrooms | 146 | 145 | -0.7% |
4 Bedrooms | 40 | 43 | +7.5% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Williamson County 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 increased by 9.2%, 3 bedroom homes decreased by 0.7%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
50 | 60 | +20.0% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Williamson County in March 2024, up by 20.0% month-over-month. Of the 60 sold homes, 58% were sold under asking, 18% were sold at asking, and 23% were sold over asking.
Days on Market for Williamson County, IL
How long does it take to sell a home in Williamson County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 45 Days | -23.4% |
Summary: Homes in Williamson County had an average of 45 days on market in Mar 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 60 homes were sold in Williamson County; 62% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.