Is Woodside Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodside Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Woodside Township, IL

How much do homes in Woodside Township, IL cost?

Median Sold Price

$134,500

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$3,550(+2.7%)

Key Takeaway

Homes in Woodside Township have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Woodside Township was $134,500 in March 2024, up 2.7% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $52.4K$49.5K
-5.6%
2 $99.9K$98K
-1.9%
3 $139.9K$137K
-2.0%
4 $315K$264.2K
-16.1%
5+ $675K$570K
-15.6%

Summary: Woodside Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.6%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 15.6%.

Median Sold Price Compared To Nearby Cities

Jerome
+14.8%
Capital Township
+9.9%
Springfield
+7.4%
Southern View
+4.9%
Woodside Township
+2.7%

Housing Supply in Woodside Township, IL

How many homes are available in Woodside Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3836-5.3%

Summary: The Woodside Township real estate market had 36 homes for sale in March 2024, a 5.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 1918
-5.3%
4 54
-20.0%
5+ 65
-16.7%

Summary: The Woodside Township 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 increased by 14.3%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1117+54.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodside Township, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Woodside Township in March 2024, up by 54.5% month-over-month. Of the 17 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% were sold over asking.

Days on Market for Woodside Township, IL

How long does it take to sell a home in Woodside Township, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
23 Days31 Days+32.5%

Summary: Homes in Woodside Township had an average of 31 days on market in Mar 2024, up by 32.5% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 17 homes were sold in Woodside Township; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

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

Report Updated 25 Days Ago

Newest Listings in Woodside Township, IL

Nearby Markets to Woodside Township, IL

What housing markets are near Woodside Township, IL?