Is Williamsville, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamsville is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Williamsville was a Buyer's Market.

Key Takeaway

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

Housing Prices in Williamsville, IL

How much do homes in Williamsville, IL cost?

Median Sold Price

$220,000

$121/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$178,000(-44.7%)

Key Takeaway

Homes in Williamsville have sold for 44.7% less than they did a month ago.

Summary: The median home sold price in Williamsville was $220,000 in November 2024, down 44.7% from last month, and the median price per square foot was $121.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $398K$207K
-48.0%
4 -$220K
N/A
5+ -$384K
N/A

Summary: Williamsville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 48%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Williamsville
-44.7%
Williams Township
-44.7%

Housing Supply in Williamsville, IL

How many homes are available in Williamsville, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
910+11.1%

Summary: The Williamsville real estate market had 10 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 43
-25.0%
4 34
+33.3%
5+ 12
+100.0%

Summary: The Williamsville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were 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 Williamsville, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Williamsville in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Williamsville, IL

How long does it take to sell a home in Williamsville, IL?

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days23 Days-20.7%

Summary: Homes in Williamsville had an average of 23 days on market in Nov 2024, down by 20.7% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Williamsville; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

Newest Listings in Williamsville, IL

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