Wethersfield Township Housing Market Report March 2025Henry County, Illinois

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Housing Prices in Wethersfield Township, IL

How much do homes in Wethersfield Township, IL cost?

Housing Market Conditions

Is Wethersfield Township, IL a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Wethersfield Township is a Seller's Market

Difference Since March 2024

Since last year, Wethersfield Township has remained a Seller's Market.

Insight

Wethersfield Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$107,750$75/SqFt
+$20,975
+24.2%

Based on all homes sold in the last 12 months

Insight

Homes in Wethersfield Township have sold for 24.2% more than they did a year ago.

Summary: The median home sold price in Wethersfield Township was $107,750 in March 2025, up 24.2% from last year, and the median price per square foot was $75.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Kewanee
+30.7%
Kewanee Township
+30.7%
Wethersfield Township
+24.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$85K$42.4K
-50.1%
2$60.2K$79.5K
+32.0%
3$119K$103.5K
-13.0%
4$154.5K$158.9K
+2.9%
5$132K$130K
-1.5%

Summary: Wethersfield Township housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -50.1%. The home price for 2 bedroom homes increased by +32.0%. The home price for 3 bedroom homes decreased by -13.0%. The home price for 4 bedroom homes increased by +2.9%. The home price for 5 bedroom homes decreased by -1.5%.

How does Wethersfield Township, IL compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Wethersfield Township, IL

Housing supply in Wethersfield Township, IL

How many homes are available in Wethersfield Township, IL?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
10Last MonthMar 2025
112 months agoFeb 2025
-9.1 %
Change MoMFeb – Mar

Summary: The Wethersfield Township real estate market had 10 homes for sale in Mar 2025, a 9.1 % decrease compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthMar 2025
42 months agoFeb 2025
+50.0 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
222
0.0%
377
0.0%
421
-50.0%
500
0.0%

Summary: Wethersfield Township housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Wethersfield Township, IL cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price2 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Wethersfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Wethersfield Township in March 2025, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and and 17% were sold over asking.

Days on Market for Wethersfield Township, IL

How long does it take to sell a home in Wethersfield Township, IL?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days1 Home

Over 90 Days2 Homes

Insight

Many homes in Wethersfield Township are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 6 homes were sold in Wethersfield Township; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
61 DaysThis YearMar 2025
139 Days1 year agoMar 2024
-55.8 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Wethersfield Township had an average listing age of 61 days in Mar 2025, down by 55.8% compared to the previous year.

Newest Listings in Wethersfield Township, IL

What homes are available in Wethersfield Township, IL?

Nearby markets

Nearby markets aren't available for Wethersfield Township, IL

MLS Disclaimers and Copyright

Based on information from RMLS Alliance, for the period 04/01/2023 - 04/01/2025

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.