Is Woodstock, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Woodstock has remained a Seller's Market.
Housing Prices in Woodstock, IL
How much do homes in Woodstock, IL cost?
Median Sold Price
$300,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodstock was $300,000 in May 2024, up 14.9% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $112K | +9.3% |
2 Bedrooms | $191.7K | $215K | +12.1% |
3 Bedrooms | $260K | $290K | +11.5% |
4 Bedrooms | $328K | $385K | +17.4% |
5+ Bedrooms | $335K | $480K | +43.3% |
Summary: Woodstock housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 43.3%.
Median Sold Price Compared To Nearby Cities
Woodstock | $261K | $300K | +14.9% |
Greenwood Township | $263.3K | $299.9K | +13.9% |
Dorr Township | $279.9K | $307.2K | +9.8% |
Seneca Township | $425K | $357.5K | -15.9% |
Housing Supply in Woodstock, IL
How many homes are available in Woodstock, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
101 | 101 | 0.0% |
Summary: The Woodstock real estate market had 101 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 17 | +41.7% |
3 Bedrooms | 41 | 39 | -4.9% |
4 Bedrooms | 35 | 33 | -5.7% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Woodstock housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 41.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 30 | -6.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Woodstock in May 2024, down by 6.3% month-over-month. Of the 30 sold homes, 37% were sold under asking, 20% were sold at asking, and 43% were sold over asking.
Days on Market for Woodstock, IL
How long does it take to sell a home in Woodstock, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 16 Days | -1.1% |
Summary: Homes in Woodstock had an average of 16 days on market in May 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Woodstock; 87% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.