Is Williamson County, 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, Williamson County has remained a Seller's Market.
Housing Prices in Williamson County, IL
How much do homes in Williamson County, IL cost?
Median Sold Price
$164,402
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Williamson County was $164,402 in May 2024, up 12.2% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $41.2K | $45K | +9.1% |
2 Bedrooms | $70K | $79K | +12.9% |
3 Bedrooms | $157K | $169K | +7.6% |
4 Bedrooms | $259.9K | $269.4K | +3.7% |
5+ Bedrooms | $357K | $427.5K | +19.7% |
Summary: Williamson County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 19.7%.
Median Sold Price Compared To Nearby Counties
Johnson County | $153K | $191.5K | +25.2% |
Williamson County | $146.4K | $164.4K | +12.2% |
Union County | $120K | $128.2K | +6.9% |
Saline County | $83K | $80K | -3.6% |
Franklin County | $92.5K | $85K | -8.0% |
Housing Supply in Williamson County, IL
How many homes are available in Williamson County, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
274 | 301 | +9.9% |
Summary: The Williamson County real estate market had 301 homes for sale in May 2024, a 9.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 61 | 62 | +1.6% |
3 Bedrooms | 150 | 168 | +12.0% |
4 Bedrooms | 46 | 55 | +19.6% |
5+ Bedrooms | 15 | 14 | -6.7% |
Summary: The Williamson County 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 1.6%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes decreased by 6.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 68 | +23.6% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 68 homes were sold or pending in Williamson County in May 2024, up by 23.6% month-over-month. Of the 68 sold homes, 51% were sold under asking, 16% were sold at asking, and 32% were sold over asking.
Days on Market for Williamson County, IL
How long does it take to sell a home in Williamson County, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 39 Days | +19.7% |
Summary: Homes in Williamson County had an average of 39 days on market in May 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 68 homes were sold in Williamson County; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.