Will County Housing Market Report May 2025Will County, Illinois

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Housing Prices in Will County, IL

How much do homes in Will County, IL cost?

Housing Market Conditions

Is Will County, 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

Will County is a Seller's Market

Difference Since May 2024

Since last year, Will County has remained a Seller's Market.

Insight

Will County 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.
$350,140$189/SqFt
+$20,037
+6.1%

Based on all homes sold in the last 12 months

Insight

Homes in Will County have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Will County was $350,140 in May 2025, up 6.1% from last year, and the median price per square foot was $189.

Median Sold Price By Counties

Median Sold Price By Counties
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
Cook County
+7.8%
DuPage County
+6.6%
Kankakee County
+6.3%
Will County
+6.1%
Kendall County
+2.9%

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.
BedsMay 2024May 2025Change YoY
1$126.5K$146.5K
+15.8%
2$250K$265.8K
+6.3%
3$307.4K$323.5K
+5.2%
4$437.6K$455.5K
+4.1%
5$550K$579.9K
+5.4%

Summary: Will County housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +15.8%. The home price for 2 bedroom homes increased by +6.3%. The home price for 3 bedroom homes increased by +5.2%. The home price for 4 bedroom homes increased by +4.1%. The home price for 5 bedroom homes increased by +5.4%.

How does Will County, IL compare with other places?

Market comparison tool

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

Will County, IL

Housing supply in Will County, IL

How many homes are available in Will County, 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
2,641Last MonthMay 2025
2,3262 months agoApr 2025
+13.5 %
Change MoMApr – May

Summary: The Will County real estate market had 2,641 homes for sale in May 2025, a 13.5 % increase compared to Apr 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
684Last MonthMay 2025
7152 months agoApr 2025
-4.3 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
12025
+25.0%
2436478
+9.6%
3910995
+9.3%
4768924
+20.3%
5192219
+14.1%

Summary: Will County housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +25.0%. The inventory for 2 bedroom homes increased by +9.6%. The inventory for 3 bedroom homes increased by +9.3%. The inventory for 4 bedroom homes increased by +20.3%. The inventory for 5 bedroom homes increased by +14.1%.

Asking Price vs. Sold Price

How much do homes in Will County, 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 Price318 Homes

At Asking Price134 Homes

Under Asking Price232 Homes

Insight

If you're buying a home in Will County, you could pay more than the asking price. 46.5% of homes here sold above asking price last month.

Summary: A total of 684 homes were sold or pending in Will County in May 2025, down by 4.3% month-over-month. Of the 684 sold homes, 34% were sold under asking, 20% were sold at asking, and and 46% were sold over asking.

Days on Market for Will County, IL

How long does it take to sell a home in Will County, IL?

Breakdown of Home Sale Times

Under 30 Days545 Homes

30 – 90 Days105 Homes

Over 90 Days34 Homes

Insight

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

Summary: During May 2025, 684 homes were sold in Will County; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% 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
23 DaysThis YearMay 2025
18 Days1 year agoMay 2024
+29.8 %
Change YoYMay 2024 – May 2025

Summary: Homes in Will County had an average listing age of 23 days in May 2025, up by 29.8% compared to the previous year.

Newest Listings in Will County, IL

What homes are available in Will County, IL?

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data, Mid America Regional Information System, and Central Illinois Board of Realtors MLS for the period 06/01/2023 - 06/01/2025

IDX Listings courtesy of Midwest Real Estate Data 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.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2025 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 8:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Mid America Regional Information System 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.

IDX Based on information submitted to the 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.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 8:38:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Central Illinois Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2025 Central Illinois Board of Realtors.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/5/2025, 8:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.