Is Williamson County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamson County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Williamson County has remained a Seller's Market.

Key Takeaway

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

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

+$11,771(+7.9%)

Key Takeaway

Homes in Williamson County have sold for 7.9% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $49.5K$45K
-9.1%
2 $69.8K$78.7K
+12.8%
3 $155K$168.1K
+8.5%
4 $260K$259.5K
-0.2%
5+ $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
+38.1%
Union County
+21.4%
Williamson County
+7.9%
Saline County
+1.3%
Franklin County
0.2%

Housing Supply in Williamson County, IL

How many homes are available in Williamson County, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
269280+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

# BEDSFeb 2024Mar 2024CHANGE
1 44
0.0%
2 6571
+9.2%
3 146145
-0.7%
4 4043
+7.5%
5+ 1417
+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 2024Mar 2024CHANGE
5060+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamson County, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
59 Days45 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 24 Days Ago

Newest Listings in Williamson County, IL

Nearby Markets to Williamson County, IL

What housing markets are near Williamson County, IL?