Is Wauponsee Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wauponsee Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Wauponsee Township has remained a Seller's Market.

Key Takeaway

Wauponsee Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Wauponsee Township, IL

How much do homes in Wauponsee Township, IL cost?

Median Sold Price

$305,000

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$52,500(+20.8%)

Key Takeaway

Homes in Wauponsee Township have sold for 20.8% more than they did a year ago.

Summary: The median home sold price in Wauponsee Township was $305,000 in November 2024, up 20.8% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $138.5K-
N/A
2 $165K$287.2K
+74.1%
3 $250K$252K
+0.8%
4 $362.5K$368.7K
+1.7%
5+ $240K$482.5K
+101.0%

Summary: Wauponsee Township 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 increased by 74.1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 101%.

Median Sold Price Compared To Nearby Cities

Wauponsee Township
+20.8%
Morris
+8.7%
Morris Township
+7.6%

Housing Supply in Wauponsee Township, IL

How many homes are available in Wauponsee Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
67+16.7%

Summary: The Wauponsee Township real estate market had 7 homes for sale in November 2024, a 16.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 44
0.0%
4 11
0.0%
5+ 11
0.0%

Summary: The Wauponsee Township 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wauponsee Township, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Wauponsee Township in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Wauponsee Township, IL

How long does it take to sell a home in Wauponsee Township, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
7 Days7 Days+7.1%

Summary: Homes in Wauponsee Township had an average of 7 days on market in Nov 2024, up by 7.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wauponsee Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Wauponsee Township; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Wauponsee Township, IL

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