Is Woodbine Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodbine Township is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Woodbine Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Woodbine Township, IL

How much do homes in Woodbine Township, IL cost?

Median Sold Price

$148,000

$209/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$58,000(+64.4%)

Key Takeaway

Homes in Woodbine Township have sold for 64.4% more than they did a month ago.

Summary: The median home sold price in Woodbine Township was $148,000 in October 2024, up 64.4% from last month, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$163K
N/A
2 $90K$133K
+47.8%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Woodbine Township housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Stockton Township
+66.1%
Woodbine Township
+64.4%
Thompson Township
+44.2%

Housing Supply in Woodbine Township, IL

How many homes are available in Woodbine Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
54-20.0%

Summary: The Woodbine Township real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 21
-50.0%
3 00
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Woodbine Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+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 Woodbine Township, 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 Woodbine Township in October 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 Woodbine Township, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days18 Days+80.0%

Summary: Homes in Woodbine Township had an average of 18 days on market in Oct 2024, up by 80% compared to last month.

Breakdown of Home Sale Times

2 Homes Were 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 Woodbine Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Woodbine Township; 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 5 Days Ago

Newest Listings in Woodbine Township, IL

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