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 September 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

$145,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,000(+16.0%)

Key Takeaway

Homes in Woodside Township have sold for 16% more than they did a year ago.

Summary: The median home sold price in Woodside Township was $145,000 in September 2024, up 16% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $49.5K$50.9K
+2.9%
2 $100K$96K
-4.0%
3 $136.5K$145K
+6.2%
4 $215K$297.9K
+38.6%
5+ $751K$459.5K
-38.8%

Summary: Woodside Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 38.6%, and 5+ bedroom homes decreased by 38.8%.

Median Sold Price Compared To Nearby Cities

Woodside Township
+16.0%
Southern View
+13.7%
Springfield
+10.3%
Jerome
+7.0%
Capital Township
+6.8%

Housing Supply in Woodside Township, IL

How many homes are available in Woodside Township, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
6361-3.2%

Summary: The Woodside Township real estate market had 61 homes for sale in September 2024, a 3.2% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 56
+20.0%
2 1915
-21.1%
3 2428
+16.7%
4 910
+11.1%
5+ 62
-66.7%

Summary: The Woodside Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2320-13.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodside Township, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Woodside Township in September 2024, down by 13.0% month-over-month. Of the 20 sold homes, 25% were sold under asking, 40% were sold at asking, and 35% 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

Sep 2023Sep 2024CHANGE
10 Days12 Days+22.6%

Summary: Homes in Woodside Township had an average of 12 days on market in Sep 2024, up by 22.6% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 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 September 2024, 20 homes were sold in Woodside Township; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% 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 Sep 1, 2024

Newest Listings in Woodside Township, IL

Nearby Markets to Woodside Township, IL

What housing markets are near Woodside Township, IL?