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 neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wauponsee Township was a Seller's Market.

Key Takeaway

Wauponsee Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wauponsee Township, IL

How much do homes in Wauponsee Township, IL cost?

Median Sold Price

$302,500

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+19.8%)

Key Takeaway

Homes in Wauponsee Township have sold for 19.8% more than they did a year ago.

Summary: The median home sold price in Wauponsee Township was $302,500 in October 2024, up 19.8% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$138.5K
N/A
2 $113K$287.2K
+154.2%
3 $234K$252K
+7.7%
4 $362.5K$357.5K
-1.4%
5+ $400K$290K
-27.5%

Summary: Wauponsee Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 154.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes decreased by 27.5%.

Median Sold Price Compared To Nearby Cities

Wauponsee Township
+19.8%
Morris
+0.6%
Morris Township
-1.1%
Mazon Township
-7.3%

Housing Supply in Wauponsee Township, IL

How many homes are available in Wauponsee Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
86-25.0%

Summary: The Wauponsee Township real estate market had 6 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 53
-40.0%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Wauponsee Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
41-75.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Wauponsee Township in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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

Oct 2023Oct 2024CHANGE
35 Days15 Days-57.7%

Summary: Homes in Wauponsee Township had an average of 15 days on market in Oct 2024, down by 57.7% 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

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 October 2024, 1 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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