Is Worden, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worden is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Worden, IL

How much do homes in Worden, IL cost?

Median Sold Price

$281,000

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$36,500(-11.5%)

Key Takeaway

Homes in Worden have sold for 11.5% less than they did a year ago.

Summary: The median home sold price in Worden was $281,000 in September 2024, down 11.5% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $300K-
N/A
2 $127.5K$180K
+41.2%
3 $280.5K$318K
+13.4%
4 $417.2K$364.5K
-12.6%
5+ $497K$540K
+8.7%

Summary: Worden housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.2%, 3 bedroom homes increased by 13.4%, 4 bedroom homes decreased by 12.6%, and 5+ bedroom homes increased by 8.7%.

Median Sold Price Compared To Nearby Cities

Worden
-11.5%
Omphghent Township
-33.3%

Housing Supply in Worden, IL

How many homes are available in Worden, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1713-23.5%

Summary: The Worden real estate market had 13 homes for sale in September 2024, a 23.5% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 108
-20.0%
4 33
0.0%
5+ 11
0.0%

Summary: The Worden housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worden, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Worden in September 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Worden, IL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
38 Days74 Days+93.9%

Summary: Homes in Worden had an average of 74 days on market in Sep 2024, up by 93.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Worden has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Worden; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 5 Days Ago

Newest Listings in Worden, IL

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