$1,051 Closing Credit*
$88,500
800 SqFt
2 Beds
•1 Full Bath, 1 Partial
Darrell Dahl, Listing Office: Dahl Real Estate
Is Walnut, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Walnut has remained a Seller's Market.
Key Takeaway
Walnut is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Walnut, IL
How much do homes in Walnut, IL cost?
Median Sold Price
$142,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$70,000(+97.2%)
Key Takeaway
Homes in Walnut have sold for 97.2% more than they did a year ago.
Summary: The median home sold price in Walnut was $142,000 in November 2024, up 97.2% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $72K | - | N/A |
| 2 Bedrooms | $58K | $58K | 0.0% |
| 3 Bedrooms | $160K | $137.5K | -14.1% |
| 4 Bedrooms | $53.5K | $172.2K | +222.0% |
| 5+ Bedrooms | - | $265K | N/A |
Summary: Walnut housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 222%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Walnut | $72K | $142K | +97.2% |
| Walnut Township | $72K | $142K | +97.2% |
Housing Supply in Walnut, IL
How many homes are available in Walnut, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Summary: The Walnut real estate market had 5 homes for sale in November 2024, a 37.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Walnut housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walnut, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Walnut in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Walnut, IL
How long does it take to sell a home in Walnut, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 5 Days | 17 Days | +209.1% |
Summary: Homes in Walnut had an average of 17 days on market in Nov 2024, up by 209.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walnut are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Walnut; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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