Waterman, IL Housing Market & Real Estate

Buyer's market+53.4% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Waterman, IL is $355,000, up 53.4% year-over-year. Homes sell in an average of 102 days with 10 active listings. The market is currently a buyer's market.

$355,000median sale price

Homes sold

1

Last 12 weeks

Days on market

102

Average pace

Active listings

10

10.0 months supply

Sale-to-list

98.6%

Below asking

Waterman, IL market data

Current housing market statistics for Waterman, IL
MetricValue
Median sale price$355,000
Median list price$304,950
Year-over-year price change+53.4%
Average days on market102 days
Active inventory10 listings
Months of supply10.0 months
Sale-to-list price ratio98.6%
Market conditionBuyer's market

Source: Redfin · Updated weekly

The Waterman housing market is currently classified as a buyer's market with a median sale price of $355,000. Prices have risen 53.4% compared to last year, with homes spending an average of 102 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Waterman

There are currently 10 homes listed for sale in Waterman, Illinois. The median listing price is $305K.

Active listings

10

Homes on market

Median list price

$305K

Avg. days on market

102

Days until sale

New this week

2

Newly listed

Price drops:10.0%of listings
Sale-to-list:98.6%

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Frequently asked questions

What is the average home price in Waterman?

The median home sale price in Waterman is $355,000, up 53.4% from last year.

How long do homes stay on market in Waterman?

Homes typically spend 102 days on market before going under contract.

Is Waterman a buyer's or seller's market?

With 10.0 months of supply, Waterman is currently a buyer's market.

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