Is Wheatland 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, Wheatland Township has remained a Seller's Market.
Housing Prices in Wheatland Township, IL
How much do homes in Wheatland Township, IL cost?
Median Sold Price
$549,215
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wheatland Township was $549,215 in April 2024, up 6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $289.4K | $315K | +8.8% |
3 Bedrooms | $370K | $415K | +12.2% |
4 Bedrooms | $591K | $629.9K | +6.6% |
5+ Bedrooms | $735K | $805K | +9.5% |
Summary: Wheatland Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Cities
Naperville Township | $381.5K | $490.5K | +28.6% |
Naperville | $506.4K | $551.6K | +8.9% |
Bolingbrook | $315K | $334.7K | +6.3% |
Wheatland Township | $518.3K | $549.2K | +6.0% |
Plainfield | $399.9K | $375.8K | -6.0% |
Housing Supply in Wheatland Township, IL
How many homes are available in Wheatland Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
243 | 301 | +23.9% |
Summary: The Wheatland Township real estate market had 301 homes for sale in April 2024, a 23.9% 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 | 36 | 46 | +27.8% |
3 Bedrooms | 52 | 58 | +11.5% |
4 Bedrooms | 108 | 144 | +33.3% |
5+ Bedrooms | 47 | 53 | +12.8% |
Summary: The Wheatland 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 11.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 12.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 82 | +32.3% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
53 Homes Were Sold
Over Asking
Summary: A total of 82 homes were sold or pending in Wheatland Township in April 2024, up by 32.3% month-over-month. Of the 82 sold homes, 22% were sold under asking, 13% were sold at asking, and 65% were sold over asking.
Days on Market for Wheatland Township, IL
How long does it take to sell a home in Wheatland Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 15 Days | -26.6% |
Summary: Homes in Wheatland Township had an average of 15 days on market in Apr 2024, down by 26.6% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 82 homes were sold in Wheatland Township; 87% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.