Westlake Village, IL Housing Market & Real Estate

Balanced market

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Westlake Village, IL is $293,500. Homes sell in an average of 53 days with 4 active listings. The market is currently a balanced market.

$293,500median sale price

Homes sold

2

Last 12 weeks

Days on market

53

Average pace

Active listings

4

2.0 months supply

Sale-to-list

97.9%

Below asking

Westlake Village, IL market data

Current housing market statistics for Westlake Village, IL
MetricValue
Median sale price$293,500
Median list price$250,000
Average days on market53 days
Active inventory4 listings
Months of supply2.0 months
Sale-to-list price ratio97.9%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Westlake Village housing market is currently classified as a balanced market with a median sale price of $293,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 53 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Westlake Village

There are currently 4 homes listed for sale in Westlake Village, Illinois. The median listing price is $250K.

Active listings

4

Homes on market

Median list price

$250K

Avg. days on market

53

Days until sale

New this week

3

Newly listed

Price drops:25.0%of listings
Sale-to-list:97.9%

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Frequently asked questions

What is the average home price in Westlake Village?

The median home sale price in Westlake Village is $293,500, down 0.0% from last year.

How long do homes stay on market in Westlake Village?

Homes typically spend 53 days on market before going under contract.

Is Westlake Village a buyer's or seller's market?

With 2.0 months of supply, Westlake Village is currently a balanced market.

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