Is Willowbrook, 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, Willowbrook has remained a Seller's Market.
Housing Prices in Willowbrook, IL
How much do homes in Willowbrook, IL cost?
Median Sold Price
$302,500
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Willowbrook was $302,500 in March 2024, up 16.3% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $153.2K | $139.9K | -8.7% |
2 Bedrooms | $220K | $246.2K | +11.9% |
3 Bedrooms | $325K | $359K | +10.5% |
4 Bedrooms | $558.5K | $725K | +29.8% |
5+ Bedrooms | $760K | $825K | +8.6% |
Summary: Willowbrook housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.7%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 29.8%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Willowbrook | $260K | $302.5K | +16.3% |
Clarendon Hills | $575K | $599K | +4.2% |
Downers Grove Township | $404.8K | $420.8K | +4.0% |
Westmont | $340.1K | $347K | +2.0% |
Burr Ridge | $735K | $640.3K | -12.9% |
Housing Supply in Willowbrook, IL
How many homes are available in Willowbrook, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 70 | +29.6% |
Summary: The Willowbrook real estate market had 70 homes for sale in March 2024, a 29.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 23 | 33 | +43.5% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Willowbrook housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 43.5%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 20 | +100.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Willowbrook in March 2024, up by 100.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 0% were sold at asking, and 30% were sold over asking.
Days on Market for Willowbrook, IL
How long does it take to sell a home in Willowbrook, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 29 Days | -34.4% |
Summary: Homes in Willowbrook had an average of 29 days on market in Mar 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Willowbrook; 60% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.