Is Wauconda Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wauconda Township has remained a Seller's Market.
Housing Prices in Wauconda Township, IL
How much do homes in Wauconda Township, IL cost?
Median Sold Price
$303,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wauconda Township was $303,000 in April 2024, up 4.5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $154.9K | +34.7% |
2 Bedrooms | $200K | $226K | +13.0% |
3 Bedrooms | $274.9K | $292.5K | +6.4% |
4 Bedrooms | $372K | $411.5K | +10.6% |
5+ Bedrooms | $470K | $485K | +3.2% |
Summary: Wauconda Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34.7%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 3.2%.
Median Sold Price Compared To Nearby Cities
Port Barrington | $363.7K | $462.5K | +27.1% |
Wauconda | $265K | $318.5K | +20.2% |
Wauconda Township | $290K | $303K | +4.5% |
Island Lake | $254K | $255K | 0.4% |
Island Lake | $254.7K | $255K | 0.1% |
Housing Supply in Wauconda Township, IL
How many homes are available in Wauconda Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
75 | 84 | +12.0% |
Summary: The Wauconda Township real estate market had 84 homes for sale in April 2024, a 12.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 23 | +27.8% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 16 | 19 | +18.8% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Wauconda Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.8%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 21 | +23.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Wauconda Township in April 2024, up by 23.5% month-over-month. Of the 21 sold homes, 33% were sold under asking, 24% were sold at asking, and 43% were sold over asking.
Days on Market for Wauconda Township, IL
How long does it take to sell a home in Wauconda Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 19 Days | +63.1% |
Summary: Homes in Wauconda Township had an average of 19 days on market in Apr 2024, up by 63.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Wauconda Township; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.