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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Worth is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Worth, IL

How much do homes in Worth, IL cost?

Median Sold Price

$249,000

$177/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$14,000(+6.0%)

Key Takeaway

Homes in Worth have sold for 6% more than they did a year ago.

Summary: The median home sold price in Worth was $249,000 in December 2024, up 6% from last year, and the median price per square foot was $177.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $94K$95.9K
+2.0%
2 $125K$149K
+19.2%
3 $252K$280K
+11.1%
4 $303.2K$321K
+5.9%
5+ $345K$358.5K
+3.9%

Summary: Worth housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Cities

Chicago Ridge
+31.3%
Palos Hills
+25.1%
Palos Township
+17.6%
Worth
+6.0%
Palos Heights
+3.6%

Housing Supply in Worth, IL

How many homes are available in Worth, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4247+11.9%

Summary: The Worth real estate market had 47 homes for sale in December 2024, a 11.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 1317
+30.8%
3 1718
+5.9%
4 78
+14.3%
5+ 21
-50.0%

Summary: The Worth housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
815+87.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Worth, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Worth in December 2024, up by 87.5% month-over-month. Of the 15 sold homes, 60% were sold under asking, 13% were sold at asking, and 27% were sold over asking.

Days on Market for Worth, IL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
8 Days18 Days+112.7%

Summary: Homes in Worth had an average of 18 days on market in Dec 2024, up by 112.7% compared to last year.

Breakdown of Home Sale Times

12 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 Worth are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 15 homes were sold in Worth; 80% of homes were sold within 30 days, 20% 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 15 Days Ago

Newest Listings in Worth, IL

Nearby Markets to Worth, IL

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