Is Wadsworth, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Wadsworth has remained a Seller's Market.
Housing Prices in Wadsworth, IL
How much do homes in Wadsworth, IL cost?
Median Sold Price
$427,500
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wadsworth was $427,500 in April 2024, up 14% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $207K | $245K | +18.4% |
3 Bedrooms | $360K | $392.4K | +9.0% |
4 Bedrooms | $410.1K | $492.5K | +20.1% |
5+ Bedrooms | $600.4K | $502.5K | -16.3% |
Summary: Wadsworth housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 20.1%, and 5+ bedroom homes decreased by 16.3%.
Median Sold Price Compared To Nearby Cities
Zion Township | $181.5K | $217K | +19.6% |
Zion | $181.5K | $217K | +19.6% |
Newport Township | $337.9K | $389.9K | +15.4% |
Wadsworth | $375K | $427.5K | +14.0% |
Beach Park | $244.9K | $247K | +0.9% |
Housing Supply in Wadsworth, IL
How many homes are available in Wadsworth, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 35 | +20.7% |
Summary: The Wadsworth real estate market had 35 homes for sale in April 2024, a 20.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 13 | 18 | +38.5% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Wadsworth housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 38.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Wadsworth in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Wadsworth, IL
How long does it take to sell a home in Wadsworth, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
14 Days | 21 Days | +47.3% |
Summary: Homes in Wadsworth had an average of 21 days on market in Apr 2024, up by 47.3% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Wadsworth; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.