Tracey Velt's Market Report

Will County, IL

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498



Will County, IL

Sun May 26 2024
This week the median list price for Will County, IL is $439,945 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has held steady at or around 584. Click here to stay informed with the Will County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Will County, IL

Sun May 26 2024
This week the median list price for Will County, IL is $439,945 with the market action index hovering around 62. This is an increase over last month's market action index of 61. Inventory has held steady at or around 584. Click here to stay informed with the Will County market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Real-Time Market Profile

Never miss important changes in the Will County market.
Median List Price $439,945
Median Price of New Listings $379,949
Per Square Foot $194
Average Days on Market 78
Median Days on Market 28
Price Decreased 24%
Price Increased 8%
Relisted 18%
Inventory 584
Median Rent
Market Action 62
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$758,249 3,300 0.5 - 1 acre 4 3.5 18 19 25 42
$500,044 2,600 0.25 - 0.5 acre 4 2.5 20 26 36 28
$389,000 2,107 0.25 - 0.5 acre 4 2.5 28 29 29 28
$256,950 1,471 0.25 - 0.5 acre 3 2 56 42 49 21