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Featured local agent — Wood River, IL
Sarah Mitchell
Compass Real Estate · Wood River, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Wood River, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$180,000median sale price
How is the Wood River, IL housing market right now?
The median home sale price in Wood River, IL is $180,000, up 33.3% year-over-year. Homes sell in an average of 41 days with 26 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Wood River a buyer's or seller's market?
Wood River, IL is currently a seller's market, based on 2.6 months of supply and homes selling in about 41 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
41
Average pace
Active listings
26
2.6 months supply
Sale-to-list
99.6%
Below asking
What does the Wood River housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Median list price | $122,000 |
| Year-over-year price change | +33.3% |
| Average days on market | 41 days |
| Active inventory | 26 listings |
| Months of supply | 2.6 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $122/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 19 |
| Listings with a price cut | 11.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Wood River by property type?
How the Wood River, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $122/sq ft | 10 | 41 days |
Source: Redfin · Updated monthly
The Wood River housing market is currently classified as a seller's market with a median sale price of $180,000. Prices have risen 33.3% compared to last year, with homes spending an average of 41 days on market, indicating 2.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.0x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Wood River
There are currently 26 homes listed for sale in Wood River, Illinois. The median listing price is $122K.
Active listings
26
Homes on market
Median list price
$122K
Avg. days on market
41
Days until sale
New this week
19
Newly listed
Who lives in Wood River?
Population
10,315
Median income
$65,960/yr
Median age
37.9 years
Owner-occupied
68.8%
College grads
15.5%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Wood River?
Zillow home value
$133,201
Price-to-income
2.0x
Source: Zillow Research
What is it like to live in Wood River?
Wood River is a community of approximately 10K residents with a median age of 37.9 years.The median household income is $65,960, which represents a working-class community with solid middle-income opportunities. 15.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 68.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Wood River offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Wood River?
5 schools tracked · 931 students
The largest public schools serving Wood River, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
East Alton-Wood River High Sch
Grades 9-12 · 520 students
Lewis-Clark Elem School
Grades K-5 · 235 students
Lewis-Clark Jr High School
Grades 6-8 · 176 students
Region III 9-12+ CLIP Program
Grade range n/a
L&C Middle School/Region III
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Wood River, IL?
Want a head-to-head view? Compare Wood River side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Wood River?
The median home sale price in Wood River is $180,000, up 33.3% from last year.
How long do homes stay on market in Wood River?
Homes typically spend 41 days on market before going under contract.
What is the median income in Wood River?
The median household income is $65,960 per year.
Is Wood River a buyer's or seller's market?
With 2.6 months of supply, Wood River is currently a seller's market.
What is the Zillow home value estimate for Wood River?
The Zillow Home Value Index (ZHVI) for Wood River is $133,201, representing the typical home value in the area.
How much does a single-family home cost in Wood River?
The median single-family home price in Wood River, IL is $180,000 (about $122 per square foot).
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