Is Woodstock, 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, Woodstock was a Neutral Market.
Housing Prices in Woodstock, IL
How much do homes in Woodstock, IL cost?
Median Sold Price
$290,000
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Woodstock was $290,000 in February 2024, up 15.5% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $95K | $130K | +36.8% |
2 Bedrooms | $181.5K | $215K | +18.5% |
3 Bedrooms | $255K | $290K | +13.7% |
4 Bedrooms | $328K | $380K | +15.9% |
5+ Bedrooms | $355.3K | $393.7K | +10.8% |
Summary: Woodstock housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.8%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Cities
Greenwood Township | $252.6K | $292.1K | +15.6% |
Woodstock | $251K | $290K | +15.5% |
Dorr Township | $271.6K | $297.9K | +9.7% |
Housing Supply in Woodstock, IL
How many homes are available in Woodstock, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
73 | 80 | +9.6% |
Summary: The Woodstock real estate market had 80 homes for sale in February 2024, a 9.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 10 | -9.1% |
3 Bedrooms | 31 | 30 | -3.2% |
4 Bedrooms | 25 | 29 | +16.0% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The Woodstock housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
21 | 17 | -19.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Woodstock in February 2024, down by 19.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.
Days on Market for Woodstock, IL
How long does it take to sell a home in Woodstock, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
27 Days | 28 Days | +3.6% |
Summary: Homes in Woodstock had an average of 28 days on market in Feb 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 17 homes were sold in Woodstock; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.