Is Dwight, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Dwight has remained a Seller's Market.
Housing Prices in Dwight, IL
How much do homes in Dwight, IL cost?
Median Sold Price
$150,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dwight was $150,000 in May 2024, down 3% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $150K | N/A |
2 Bedrooms | $100K | $130K | +30.0% |
3 Bedrooms | $179K | $162K | -9.5% |
4 Bedrooms | $215K | $160K | -25.6% |
5+ Bedrooms | $210K | $117.5K | -44.0% |
Summary: Dwight housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 25.6%, and 5+ bedroom homes decreased by 44%.
Median Sold Price Compared To Nearby Cities
Dwight | $154.5K | $150K | -3.0% |
Dwight Township | $164.9K | $150K | -9.0% |
Housing Supply in Dwight, IL
How many homes are available in Dwight, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Summary: The Dwight real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dwight housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Dwight in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Dwight, IL
How long does it take to sell a home in Dwight, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
101 Days | 16 Days | -84.2% |
Summary: Homes in Dwight had an average of 16 days on market in May 2024, down by 84.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Dwight; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.