Is Winthrop Harbor, 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, Winthrop Harbor has remained a Seller's Market.
Housing Prices in Winthrop Harbor, IL
How much do homes in Winthrop Harbor, IL cost?
Median Sold Price
$271,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Winthrop Harbor was $271,000 in April 2024, up 4.8% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $164.9K | $180K | +9.1% |
3 Bedrooms | $258.2K | $270K | +4.6% |
4 Bedrooms | $305K | $300K | -1.6% |
5+ Bedrooms | $385K | $310K | -19.5% |
Summary: Winthrop Harbor 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 9.1%, 3 bedroom homes increased by 4.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 19.5%.
Median Sold Price Compared To Nearby Cities
Zion Township | $181.5K | $217K | +19.6% |
Zion | $181.5K | $217K | +19.6% |
Winthrop Harbor | $258.4K | $271K | +4.8% |
Pleasant Prairie | $370K | $365.2K | -1.3% |
Benton Township | $235.6K | $210K | -10.9% |
Housing Supply in Winthrop Harbor, IL
How many homes are available in Winthrop Harbor, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 32 | +33.3% |
Summary: The Winthrop Harbor real estate market had 32 homes for sale in April 2024, a 33.3% 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 | 4 | +33.3% |
3 Bedrooms | 15 | 22 | +46.7% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Winthrop Harbor 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 increased by 33.3%, 3 bedroom homes increased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Winthrop Harbor in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.
Days on Market for Winthrop Harbor, IL
How long does it take to sell a home in Winthrop Harbor, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 13 Days | -53.9% |
Summary: Homes in Winthrop Harbor had an average of 13 days on market in Apr 2024, down by 53.9% compared to last year.
Breakdown of Home Sale Times
6 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, 7 homes were sold in Winthrop Harbor; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.