Is Willow Brook Estates, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willow Brook Estates is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Willow Brook Estates has remained a Seller's Market.

Key Takeaway

Willow Brook Estates is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Willow Brook Estates, IL

How much do homes in Willow Brook Estates, IL cost?

Median Sold Price

$360,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,050(+2.9%)

Key Takeaway

Homes in Willow Brook Estates have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in Willow Brook Estates was $360,000 in December 2024, up 2.9% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $255K$320K
+25.5%
3 $360K$357K
-0.8%
4 $347.9K$360K
+3.5%
5+ $389.9K$370K
-5.1%

Summary: Willow Brook Estates 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 increased by 25.5%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 5.1%.

Median Sold Price Compared To Nearby Neighborhoods

Willowbrook
+3.7%
Willow Brook Estates
+2.9%

Housing Supply in Willow Brook Estates, IL

How many homes are available in Willow Brook Estates, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
67+16.7%

Summary: The Willow Brook Estates real estate market had 7 homes for sale in December 2024, a 16.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Willow Brook Estates 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

2 Homes Were 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 Willow Brook Estates, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Willow Brook Estates in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Willow Brook Estates, IL

How long does it take to sell a home in Willow Brook Estates, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
22 Days37 Days+70.5%

Summary: Homes in Willow Brook Estates had an average of 37 days on market in Dec 2024, up by 70.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Willow Brook Estates are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Willow Brook Estates; 50% of homes were sold within 30 days, 50% 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 14 Days Ago

Newest Listings in Willow Brook Estates, IL

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