Is Wooded Homesites, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wooded Homesites was a Buyer's Market.
Housing Prices in Wooded Homesites, IL
How much do homes in Wooded Homesites, IL cost?
Median Sold Price
$705,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wooded Homesites was $705,000 in April 2024, down 8.4% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $405K | $947.3K | +133.9% |
3 Bedrooms | $400K | $460K | +15.0% |
4 Bedrooms | $962.5K | $772.5K | -19.7% |
5+ Bedrooms | $1.1M | $1.1M | -0.7% |
Summary: Wooded Homesites housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 133.9%, 3 bedroom homes increased by 15%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes decreased by 0.7%.
Housing Supply in Wooded Homesites, IL
How many homes are available in Wooded Homesites, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Summary: The Wooded Homesites real estate market had 12 homes for sale in April 2024, a 33.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Wooded Homesites housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Wooded Homesites in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Wooded Homesites, IL
How long does it take to sell a home in Wooded Homesites, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 32 Days | +223.3% |
Summary: Homes in Wooded Homesites had an average of 32 days on market in Apr 2024, up by 223.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Wooded Homesites; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.