Is Willowbrook, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willowbrook is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Willowbrook, IL

How much do homes in Willowbrook, IL cost?

Median Sold Price

$307,500

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,500(+7.9%)

Key Takeaway

Homes in Willowbrook have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Willowbrook was $307,500 in November 2024, up 7.9% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $133.8K$138.7K
+3.7%
2 $225K$255K
+13.3%
3 $360K$362K
+0.6%
4 $725K$685K
-5.5%
5+ $832.5K$1.3M
+62.2%

Summary: Willowbrook housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 62.2%.

Median Sold Price Compared To Nearby Cities

Burr Ridge
+17.8%
Downers Grove Township
+14.7%
Westmont
+11.2%
Willowbrook
+7.9%
Clarendon Hills
0.2%

Housing Supply in Willowbrook, IL

How many homes are available in Willowbrook, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7880+2.6%

Summary: The Willowbrook real estate market had 80 homes for sale in November 2024, a 2.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 53
-40.0%
2 2327
+17.4%
3 2223
+4.5%
4 1816
-11.1%
5+ 1011
+10.0%

Summary: The Willowbrook housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1816-11.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Willowbrook, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in Willowbrook in November 2024, down by 11.1% month-over-month. Of the 16 sold homes, 63% were sold under asking, 0% were sold at asking, and 38% were sold over asking.

Days on Market for Willowbrook, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days17 Days-23.6%

Summary: Homes in Willowbrook had an average of 17 days on market in Nov 2024, down by 23.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 16 homes were sold in Willowbrook; 81% of homes were sold within 30 days, 19% 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 17 Days Ago

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