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 September 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

$371,000

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$51,050(+16.0%)

Key Takeaway

Homes in Willowbrook have sold for 16% more than they did a year ago.

Summary: The median home sold price in Willowbrook was $371,000 in September 2024, up 16% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $255K$275K
+7.8%
3 $314.9K$370K
+17.5%
4 $331K$374.9K
+13.3%
5+ $349.9K$399.9K
+14.3%

Summary: Willowbrook housing prices by bedroom type for September 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 17.5%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 14.3%.

Median Sold Price Compared To Nearby Neighborhoods

Willowbrook
+16.0%
Willow Brook Estates
+9.3%

Housing Supply in Willowbrook, IL

How many homes are available in Willowbrook, IL?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2116-23.8%

Summary: The Willowbrook real estate market had 16 homes for sale in September 2024, a 23.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 107
-30.0%
4 86
-25.0%
5+ 23
+50.0%

Summary: The Willowbrook housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
62-66.7%

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 Willowbrook, 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 Willowbrook in September 2024, down by 66.7% 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 Willowbrook, IL

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

Average Sale Time

Sep 2023Sep 2024CHANGE
17 Days27 Days+57.1%

Summary: Homes in Willowbrook had an average of 27 days on market in Sep 2024, up by 57.1% 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 Willowbrook are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Willowbrook; 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 30 Days Ago

Newest Listings in Willowbrook, IL

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