Is Watseka, 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, Watseka has remained a Seller's Market.
Housing Prices in Watseka, IL
How much do homes in Watseka, IL cost?
Median Sold Price
$100,000
$71/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Watseka was $100,000 in April 2024, up 5.3% from last year, and the median price per square foot was $71.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $67.2K | $55K | -18.2% |
2 Bedrooms | $75K | $60.5K | -19.3% |
3 Bedrooms | $114K | $115K | +0.9% |
4 Bedrooms | $135K | $100K | -25.9% |
5+ Bedrooms | $118K | $75K | -36.4% |
Summary: Watseka housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 19.3%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 25.9%, and 5+ bedroom homes decreased by 36.4%.
Median Sold Price Compared To Nearby Cities
Watseka | $95K | $100K | +5.3% |
Belmont Township | $135K | $130K | -3.7% |
Housing Supply in Watseka, IL
How many homes are available in Watseka, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Summary: The Watseka real estate market had 21 homes for sale in April 2024, a 4.5% decrease 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 | 13 | 11 | -15.4% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Watseka 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 decreased by 15.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 4 | -55.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Watseka in April 2024, down by 55.6% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Watseka, IL
How long does it take to sell a home in Watseka, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
58 Days | 25 Days | -56.0% |
Summary: Homes in Watseka had an average of 25 days on market in Apr 2024, down by 56% 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 April 2024, 4 homes were sold in Watseka; 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.