Is Williamson County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Williamson County is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Williamson County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Williamson County, IL

How much do homes in Williamson County, IL cost?

Median Sold Price

$172,562

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,276(+11.8%)

Key Takeaway

Homes in Williamson County have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Williamson County was $172,562 in November 2024, up 11.8% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $30.5K$37.5K
+23.0%
2 $74K$87.5K
+18.2%
3 $160K$179.9K
+12.5%
4 $259K$287K
+10.8%
5+ $427.5K$360K
-15.8%

Summary: Williamson County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Counties

Johnson County
+13.5%
Williamson County
+11.8%
Saline County
+6.3%
Franklin County
+1.2%
Union County
-5.8%

Housing Supply in Williamson County, IL

How many homes are available in Williamson County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3113120.3%

Summary: The Williamson County real estate market had 312 homes for sale in November 2024, a 0.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 6561
-6.2%
3 161162
+0.6%
4 6567
+3.1%
5+ 1517
+13.3%

Summary: The Williamson County 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 6.2%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 13.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6658-12.1%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Williamson County, you may be able to get a good deal. 74.1% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Williamson County in November 2024, down by 12.1% month-over-month. Of the 58 sold homes, 74% were sold under asking, 9% were sold at asking, and 17% were sold over asking.

Days on Market for Williamson County, IL

How long does it take to sell a home in Williamson County, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days37 Days+40.8%

Summary: Homes in Williamson County had an average of 37 days on market in Nov 2024, up by 40.8% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 58 homes were sold in Williamson County; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 10% 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

Newest Listings in Williamson County, IL

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