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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winfield is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Winfield, IL cost?

Median Sold Price

$361,250

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$26,250(+7.8%)

Key Takeaway

Homes in Winfield have sold for 7.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 --
N/A
2 $255K$290K
+13.7%
3 $312K$330K
+5.8%
4 $460K$455K
-1.1%
5+ $525K$662.5K
+26.2%

Median Sold Price Compared To Nearby Cities

Carol Stream
+9.8%
Winfield
+7.8%
Winfield Township
+6.7%
Wheaton
+4.4%
Milton Township
+3.6%

How many homes are available in Winfield, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
2922-24.1%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 83
-62.5%
3 74
-42.9%
4 1012
+20.0%
5+ 43
-25.0%

Number of Homes Sold

Oct 2022Nov 2022%
139-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winfield, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
15 Days19 Days+26.1%

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Winfield, IL

Winfield, IL has 22 homes for sale to choose from. The number of homes for sale in Winfield, IL decreased by 24.1% between October 2022 and November 2022. The median list price of listings available in November 2022 was $361,250, while the average time on the real estate market was 19 days. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 13.7%, 3 bedrooms properties prices increased by 5.8%, 4 bedrooms properties prices decreased by 1.1%, 5 bedrooms properties became 26.2% more expensive. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 62.5%, the quantity of 3 bedrooms homes went down by 42.9%, 4 bedrooms homes became 20% more available, 5 bedrooms homes inventory decreased by 25%. Winfield, IL housing market in November 2022 saw over 3 listings sold above listed price, more than 1 sold at listed price and over 5 sold below.

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