Is Winfield, 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, Winfield has remained a Seller's Market.
Housing Prices in Winfield, IL
How much do homes in Winfield, IL cost?
Median Sold Price
$424,500
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Winfield was $424,500 in April 2024, up 13.2% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $207K | - | N/A |
2 Bedrooms | $279.9K | $340K | +21.5% |
3 Bedrooms | $345K | $405K | +17.4% |
4 Bedrooms | $455K | $535K | +17.6% |
5+ Bedrooms | $590K | $751.5K | +27.4% |
Summary: Winfield 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 21.5%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 27.4%.
Median Sold Price Compared To Nearby Cities
Winfield | $375K | $424.5K | +13.2% |
Wheaton | $384.2K | $425.6K | +10.8% |
Winfield Township | $311.8K | $343.3K | +10.1% |
Carol Stream | $305.1K | $330K | +8.2% |
Milton Township | $400.5K | $428.8K | +7.1% |
Housing Supply in Winfield, IL
How many homes are available in Winfield, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 39 | +11.4% |
Summary: The Winfield real estate market had 39 homes for sale in April 2024, a 11.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 11 | 8 | -27.3% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 11 | 14 | +27.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Winfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Winfield in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% were sold over asking.
Days on Market for Winfield, IL
How long does it take to sell a home in Winfield, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 8 Days | -36.0% |
Summary: Homes in Winfield had an average of 8 days on market in Apr 2024, down by 36% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in Winfield; 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.