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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Willowbrook is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Willowbrook, IL

How much do homes in Willowbrook, IL cost?

Median Sold Price

$370,000

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$31,550(+9.3%)

Key Takeaway

Homes in Willowbrook have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Willowbrook was $370,000 in November 2024, up 9.3% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $255K$275K
+7.8%
3 $327.5K$370K
+13.0%
4 $345.9K$371K
+7.3%
5+ $384.9K$384.9K
0.0%

Summary: Willowbrook housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes did not change.

Housing Supply in Willowbrook, IL

How many homes are available in Willowbrook, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1612-25.0%

Summary: The Willowbrook real estate market had 12 homes for sale in November 2024, a 25.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 75
-28.6%
4 75
-28.6%
5+ 22
0.0%

Summary: The Willowbrook 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 decreased by 28.6%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

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 Willowbrook, 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 Willowbrook in November 2024, down by 80.0% 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 Willowbrook, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days24 Days-11.1%

Summary: Homes in Willowbrook had an average of 24 days on market in Nov 2024, down by 11.1% 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 Willowbrook are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Willowbrook; 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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