Is Winthrop Harbor, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Winthrop Harbor was a Seller's Market.
Housing Prices in Winthrop Harbor, IL
How much do homes in Winthrop Harbor, IL cost?
Median Sold Price
$265,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Winthrop Harbor was $265,000 in February 2024, up 2.9% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $186.4K | $175K | -6.2% |
3 Bedrooms | $258.4K | $260.4K | +0.8% |
4 Bedrooms | $279.5K | $300K | +7.3% |
5+ Bedrooms | $385K | $310K | -19.5% |
Summary: Winthrop Harbor housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 19.5%.
Median Sold Price Compared To Nearby Cities
Zion Township | $180K | $210K | +16.7% |
Zion | $180K | $210K | +16.7% |
Winthrop Harbor | $257.5K | $265K | +2.9% |
Pleasant Prairie | $370K | $370K | 0.0% |
Benton Township | $240.1K | $208.6K | -13.1% |
Housing Supply in Winthrop Harbor, IL
How many homes are available in Winthrop Harbor, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
11 | 18 | +63.6% |
Summary: The Winthrop Harbor real estate market had 18 homes for sale in February 2024, a 63.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 6 | 12 | +100.0% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Winthrop Harbor housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Winthrop Harbor in February 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Winthrop Harbor, IL
How long does it take to sell a home in Winthrop Harbor, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
87 Days | 3 Days | -96.6% |
Summary: Homes in Winthrop Harbor had an average of 3 days on market in Feb 2024, down by 96.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 1 homes were sold in Winthrop Harbor; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.