Is Worth Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Worth Township has remained a Seller's Market.
Housing Prices in Worth Township, IL
How much do homes in Worth Township, IL cost?
Median Sold Price
$260,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Worth Township was $260,000 in March 2024, up 4.2% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.5K | $92K | 0.5% |
2 Bedrooms | $168K | $136K | -19.0% |
3 Bedrooms | $218.7K | $250K | +14.3% |
4 Bedrooms | $285.5K | $306.5K | +7.4% |
5+ Bedrooms | $410K | $460K | +12.2% |
Summary: Worth Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.5%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
Metamora | $183.5K | $268K | +46.0% |
Metamora Township | $185K | $268K | +44.9% |
Germantown Hills | $265.5K | $310K | +16.8% |
Washington Township | $174.4K | $191K | +9.5% |
Worth Township | $249.4K | $260K | +4.2% |
Housing Supply in Worth Township, IL
How many homes are available in Worth Township, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 48 | +20.0% |
Summary: The Worth Township real estate market had 48 homes for sale in March 2024, a 20.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 12 | 9 | -25.0% |
3 Bedrooms | 12 | 19 | +58.3% |
4 Bedrooms | 9 | 14 | +55.6% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Worth 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 decreased by 25%, 3 bedroom homes increased by 58.3%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Worth Township in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for Worth Township, IL
How long does it take to sell a home in Worth Township, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 79 Days | +154.1% |
Summary: Homes in Worth Township had an average of 79 days on market in Mar 2024, up by 154.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 9 homes were sold in Worth Township; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.