Is Willowbrook, 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, Willowbrook has remained a Seller's Market.
Housing Prices in Willowbrook, IL
How much do homes in Willowbrook, IL cost?
Median Sold Price
$300,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Willowbrook was $300,000 in April 2024, up 13.2% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | $140.4K | -7.6% |
2 Bedrooms | $221K | $252.5K | +14.3% |
3 Bedrooms | $322.5K | $355K | +10.1% |
4 Bedrooms | $566K | $725K | +28.1% |
5+ Bedrooms | $915K | $615K | -32.8% |
Summary: Willowbrook housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.6%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes decreased by 32.8%.
Median Sold Price Compared To Nearby Cities
Willowbrook | $265K | $300K | +13.2% |
Downers Grove Township | $405K | $426.4K | +5.3% |
Westmont | $345K | $345K | 0.0% |
Clarendon Hills | $590K | $584.5K | -0.9% |
Burr Ridge | $715K | $672.8K | -5.9% |
Housing Supply in Willowbrook, IL
How many homes are available in Willowbrook, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 76 | +10.1% |
Summary: The Willowbrook real estate market had 76 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 33 | 30 | -9.1% |
3 Bedrooms | 18 | 24 | +33.3% |
4 Bedrooms | 11 | 12 | +9.1% |
5+ Bedrooms | 3 | 7 | +133.3% |
Summary: The Willowbrook housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 26 | +23.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Willowbrook in April 2024, up by 23.8% month-over-month. Of the 26 sold homes, 31% were sold under asking, 19% were sold at asking, and 50% were sold over asking.
Days on Market for Willowbrook, IL
How long does it take to sell a home in Willowbrook, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 28 Days | -13.6% |
Summary: Homes in Willowbrook had an average of 28 days on market in Apr 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in Willowbrook; 81% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.