Is Winfield, 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, Winfield has remained a Seller's Market.
Housing Prices in Winfield, IL
How much do homes in Winfield, IL cost?
Median Sold Price
$421,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Winfield was $421,000 in March 2024, up 12.3% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $207K | - | N/A |
2 Bedrooms | $274.9K | $340K | +23.7% |
3 Bedrooms | $350K | $405.7K | +15.9% |
4 Bedrooms | $460K | $531.7K | +15.6% |
5+ Bedrooms | $607.5K | $665.7K | +9.6% |
Summary: Winfield 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 increased by 23.7%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 9.6%.
Median Sold Price Compared To Nearby Cities
Winfield | $375K | $421K | +12.3% |
Wheaton | $384.7K | $425K | +10.5% |
Winfield Township | $311.7K | $341K | +9.4% |
Milton Township | $400.4K | $425K | +6.1% |
Carol Stream | $309.7K | $325K | +4.9% |
Housing Supply in Winfield, IL
How many homes are available in Winfield, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
31 | 35 | +12.9% |
Summary: The Winfield real estate market had 35 homes for sale in March 2024, a 12.9% 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 | 11 | 11 | 0.0% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Winfield 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 increased by 9.1%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Winfield in March 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Winfield, IL
How long does it take to sell a home in Winfield, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 30 Days | +67.0% |
Summary: Homes in Winfield had an average of 30 days on market in Mar 2024, up by 67% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Winfield; 56% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.