Is Washington County, 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, Washington County has remained a Seller's Market.
Housing Prices in Washington County, IL
How much do homes in Washington County, IL cost?
Median Sold Price
$150,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Washington County was $150,000 in April 2024, up 13.6% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45.4K | $117.5K | +158.8% |
2 Bedrooms | $90K | $112.5K | +25.0% |
3 Bedrooms | $144.5K | $150K | +3.8% |
4 Bedrooms | $161.5K | $230K | +42.4% |
5+ Bedrooms | $365K | $236.7K | -35.1% |
Summary: Washington County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 158.8%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 42.4%, and 5+ bedroom homes decreased by 35.1%.
Median Sold Price Compared To Nearby Counties
Washington County | $132K | $150K | +13.6% |
Jefferson County | $125K | $140K | +12.0% |
Clinton County | $179.9K | $193.2K | +7.4% |
Saint Clair County | $189.8K | $199.9K | +5.3% |
Perry County | $105K | $98.5K | -6.2% |
Housing Supply in Washington County, IL
How many homes are available in Washington County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Summary: The Washington County real estate market had 24 homes for sale in April 2024, a 9.1% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 9 | 13 | +44.4% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Washington County 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 decreased by 16.7%, 3 bedroom homes increased by 44.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Washington County in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Washington County, IL
How long does it take to sell a home in Washington County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 54 Days | -8.6% |
Summary: Homes in Washington County had an average of 54 days on market in Apr 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Washington County; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.