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The housing market in Willowbrook, IL, remains highly competitive, with homes for sale in Willowbrook typically receiving an average of five offers and selling within approximately 40 days. Last month, the median sale price for Willowbrook homes for sale stood at $300,000, reflecting a 2.4% decrease compared to the previous year. Additionally, the median price per square foot for homes in Willowbrook is $203, marking a 4% drop from last year. Despite these slight price declines, the demand for properties in this area remains strong due to its desirable location and community amenities, making it a sought-after market for homebuyers.
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In July 2024, homes for sale in Willowbrook, IL experienced a slight decrease in prices, with median home prices down 2.4% compared to the previous year, selling at an average of $300,000. Despite this price dip, Willowbrook homes for sale still tend to attract attention, though they now take around 40 days to sell, compared to 31 days in July of the prior year. A positive sign in the market is the increase in the number of homes sold, rising from 12 last year to 15 this year. The median sale price per square foot in Willowbrook also saw a decline, down 4% to $203, which could indicate a shift in buyer demand or market conditions. Nonetheless, the steady interest in properties highlights the area's ongoing appeal for potential buyers.
The housing market in Willowbrook, IL is highly competitive, with homes for sale typically going under contract in around 39 days. Many properties receive multiple offers, with some buyers even waiving contingencies to secure their purchase. On average, Willowbrook homes for sale sell for around the list price and go pending within 39 days. However, "hot" homes—those in particularly high demand—can sell for up to 3% above the asking price and go pending in just 25 days. This shows that buyers need to act quickly and strategically in this competitive market.
Nationwide, 3% of homebuyers are looking to relocate to Willowbrook, IL from outside metropolitan areas. Among these potential buyers, those from New York are the most interested in homes for sale in Willowbrook, followed by homebuyers from Peoria and St. Louis. This trend highlights Willowbrook's growing appeal to out-of-state buyers, likely drawn to the area's suburban charm, competitive housing market, and proximity to Chicago.
For detailed, up-to-date information on buying a house in Willowbrook, including legal considerations and market trends, you can talk to us.
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Explore everything Willowbrook, IL has to offer by browsing our comprehensive neighborhood guide. Whether you're searching for homes for sale in Willowbrook or just curious about what makes this community so special, our guide will provide you with all the insights you need to find the perfect place to call home. Dive in and start your journey today!
Jeff Salhani | March 5, 2025
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Jeff Salhani | January 23, 2025
Navigate the luxury real estate market with confidence to find your dream home.
Jeff will do his best to have your selling or buying experience as fun and stress-free as possible. He is very flexible and very easy to work with. After all, your needs come first!
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17W480 22nd St. Oakbrook Terrace, IL 60181
