Is Winfield Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Winfield Township has remained a Seller's Market.
Housing Prices in Winfield Township, IL
How much do homes in Winfield Township, IL cost?
Median Sold Price
$343,375
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Winfield Township was $343,375 in April 2024, up 10.1% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | $152.4K | +52.4% |
2 Bedrooms | $235K | $260K | +10.6% |
3 Bedrooms | $300.5K | $345K | +14.8% |
4 Bedrooms | $405K | $472.5K | +16.7% |
5+ Bedrooms | $537.7K | $560K | +4.1% |
Summary: Winfield Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.4%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 4.1%.
Median Sold Price Compared To Nearby Cities
West Chicago | $310K | $351.6K | +13.4% |
Winfield | $375K | $424.5K | +13.2% |
Wheaton | $384.2K | $425.6K | +10.8% |
Winfield Township | $311.8K | $343.3K | +10.1% |
Warrenville | $280K | $308K | +10.0% |
Housing Supply in Winfield Township, IL
How many homes are available in Winfield Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
118 | 137 | +16.1% |
Summary: The Winfield Township real estate market had 137 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 39 | 36 | -7.7% |
3 Bedrooms | 47 | 58 | +23.4% |
4 Bedrooms | 24 | 30 | +25.0% |
5+ Bedrooms | 5 | 9 | +80.0% |
Summary: The Winfield Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 80%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 52 | +44.4% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Winfield Township in April 2024, up by 44.4% month-over-month. Of the 52 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% were sold over asking.
Days on Market for Winfield Township, IL
How long does it take to sell a home in Winfield Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 15 Days | -24.5% |
Summary: Homes in Winfield Township had an average of 15 days on market in Apr 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 52 homes were sold in Winfield Township; 90% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.