Is Waverly No. 1, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Waverly No. 1 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Waverly No. 1 has remained a Seller's Market.

Key Takeaway

Waverly No. 1 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Waverly No. 1, IL

How much do homes in Waverly No. 1, IL cost?

Median Sold Price

$82,400

$75/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$64,400(+357.8%)

Key Takeaway

Homes in Waverly No. 1 have sold for 357.8% more than they did a month ago.

Summary: The median home sold price in Waverly No. 1 was $82,400 in November 2024, up 357.8% from last month, and the median price per square foot was $75.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$82.4K
N/A
3 $18K-
N/A
4 --
N/A
5+ --
N/A

Summary: Waverly No. 1 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Waverly No. 1
+357.8%
Waverly
-33.8%

Housing Supply in Waverly No. 1, IL

How many homes are available in Waverly No. 1, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
330.0%

Summary: The Waverly No. 1 real estate market had 3 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

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

Summary: The Waverly No. 1 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 remained the same, 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
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Waverly No. 1, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Waverly No. 1 in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Waverly No. 1, IL

How long does it take to sell a home in Waverly No. 1, IL?

Average Sale Time

Oct 2024Nov 2024CHANGE
14 Days3 Days-78.6%

Summary: Homes in Waverly No. 1 had an average of 3 days on market in Nov 2024, down by 78.6% compared to last month.

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 Waverly No. 1 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Waverly No. 1; 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 21 Days Ago

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