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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodstock is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Woodstock, IL

How much do homes in Woodstock, IL cost?

Median Sold Price

$316,777

$172/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$41,777(+15.2%)

Key Takeaway

Homes in Woodstock have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in Woodstock was $316,777 in November 2024, up 15.2% from last year, and the median price per square foot was $172.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112K$126.5K
+12.9%
2 $215K$225K
+4.7%
3 $276K$300K
+8.7%
4 $375K$379.9K
+1.3%
5+ $327K$460K
+40.7%

Summary: Woodstock housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.9%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 40.7%.

Median Sold Price Compared To Nearby Cities

Seneca Township
+20.0%
Dorr Township
+17.6%
Woodstock
+15.2%
Greenwood Township
-1.5%

Housing Supply in Woodstock, IL

How many homes are available in Woodstock, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
120111-7.5%

Summary: The Woodstock real estate market had 111 homes for sale in November 2024, a 7.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2825
-10.7%
3 3938
-2.6%
4 3532
-8.6%
5+ 1816
-11.1%

Summary: The Woodstock 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 decreased by 10.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3341+24.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodstock, you may be able to get a good deal. 36.6% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Woodstock in November 2024, up by 24.2% month-over-month. Of the 41 sold homes, 37% were sold under asking, 29% were sold at asking, and 34% were sold over asking.

Days on Market for Woodstock, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days26 Days+16.3%

Summary: Homes in Woodstock had an average of 26 days on market in Nov 2024, up by 16.3% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 41 homes were sold in Woodstock; 66% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% 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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