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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whitmore Township is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Whitmore Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Whitmore Township, IL

How much do homes in Whitmore Township, IL cost?

Median Sold Price

$140,000

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$2,000(-1.4%)

Key Takeaway

Homes in Whitmore Township have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Whitmore Township was $140,000 in December 2024, down 1.4% from last year, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$185K
N/A
3 $126.4K$130.5K
+3.2%
4 $166K$195K
+17.5%
5+ -$355K
N/A

Summary: Whitmore Township housing prices by bedroom type for December 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 increased by 3.2%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Decatur
+10.9%
Whitmore Township
-1.4%
Oreana
-25.7%

Housing Supply in Whitmore Township, IL

How many homes are available in Whitmore Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
15150.0%

Summary: The Whitmore Township real estate market had 15 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1110
-9.1%
4 12
+100.0%
5+ 22
0.0%

Summary: The Whitmore Township housing inventory by bedroom type for December 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 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
31-66.7%

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 Whitmore Township, 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 Whitmore Township in December 2024, down by 66.7% month-over-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 Whitmore Township, IL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
29 Days17 Days-42.4%

Summary: Homes in Whitmore Township had an average of 17 days on market in Dec 2024, down by 42.4% 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 Whitmore Township are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 1 homes were sold in Whitmore 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 2 Days Ago

Newest Listings in Whitmore Township, IL

Nearby Markets to Whitmore Township, IL