New - 20 hours on Rocket
$1,425 Closing Credit¹
Listing Office: 360 Prime Realty Group, LLC
Wood River Township Housing Market Report December 2024•Madison County, Illinois
Housing Prices in Wood River Township, IL
How much do homes in Wood River Township, IL cost?
Housing Market Conditions
Is Wood River Township, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Wood River Township is a Seller's Market
Difference Since December 2023
Since last year, Wood River Township has remained a Seller's Market.
Insight
Wood River Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$135,747$102/SqFt
+$17,122
+14.4%
Based on all homes sold in the last 12 months
Insight
Homes in Wood River Township have sold for 14.4% more than they did a year ago.
Summary: The median home sold price in Wood River Township was $135,747 in December 2024, up 14.4% from last year, and the median price per square foot was $102.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Cottage Hills | $96K | $112.5K | +17.2% |
| Wood River Township | $118.6K | $135.7K | +14.4% |
| Alton Township | $112K | $126.7K | +13.1% |
| East Alton | $118K | $132.8K | +12.6% |
| Alton | $112.8K | $126.7K | +12.3% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $37.9K | $46.7K | +23.4% |
| 22 Bedrooms | $94.9K | $97.9K | +3.2% |
| 33 Bedrooms | $140.3K | $160K | +14.0% |
| 44 Bedrooms | $175K | $173K | -1.1% |
| 55+ Bedrooms | $200K | $232.5K | +16.3% |
Summary: Wood River Township housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +23.4%. The home price for 2 bedroom homes increased by +3.2%. The home price for 3 bedroom homes increased by +14.0%. The home price for 4 bedroom homes decreased by -1.1%. The home price for 5 bedroom homes increased by +16.3%.
Housing supply in Wood River Township, IL
How many homes are available in Wood River Township, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 77Last MonthDec 2024 | ||
| 932 months agoNov 2024 | -17.2 % Change MoMNov – Dec |
Summary: The Wood River Township real estate market had 77 homes for sale in Dec 2024, a 17.2 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 26Last MonthDec 2024 | ||
| 362 months agoNov 2024 | -27.8 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 0 | -100.0% |
| 22 Bedrooms | 35 | 34 | -2.9% |
| 33 Bedrooms | 45 | 34 | -24.4% |
| 44 Bedrooms | 9 | 7 | -22.2% |
| 55+ Bedrooms | 3 | 2 | -33.3% |
Summary: Wood River Township housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes decreased by -2.9%. The inventory for 3 bedroom homes decreased by -24.4%. The inventory for 4 bedroom homes decreased by -22.2%. The inventory for 5 bedroom homes decreased by -33.3%.
Asking Price vs. Sold Price
How much do homes in Wood River Township, IL cost?
Over Asking Price9 Homes
At Asking Price3 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in Wood River Township, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Wood River Township in December 2024, down by 27.8% month-over-month. Of the 26 sold homes, 54% were sold under asking, 12% were sold at asking, and and 35% were sold over asking.
Days on Market for Wood River Township, IL
How long does it take to sell a home in Wood River Township, IL?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days13 Homes
Over 90 Days3 Homes
Insight
Avg time on Rocket Homes in Wood River Township has remained consistent over time.
Summary: During December 2024, 26 homes were sold in Wood River Township; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 43 DaysThis YearDec 2024 | ||
| 33 Days1 year agoDec 2023 | +29.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Wood River Township had an average listing age of 43 days in Dec 2024, up by 29.7% compared to the previous year.
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Newest Listings in Wood River Township, IL
What homes are available in Wood River Township, IL?
New - 1 day on Rocket
$891 Closing Credit¹
Listing Office: Dream Home Realty Centre Inc
New - 2 days on Rocket
$1,186 Closing Credit¹
Listing Office: Beycome Brokerage Realty LLC
New - 3 days on Rocket
$711 Closing Credit¹
Listing Office: Montgomery County Realty, Inc.
New - 3 days on Rocket
$891 Closing Credit¹
Listing Office: Keller Williams Pinnacle
New - 3 days on Rocket
$1,722 Closing Credit¹
Listing Office: Tarrant And Harman Real Estate
Coming soon
$1,839 Closing Credit¹
Listing Office: Market Pro Realty, Inc
Coming soon
$2,613 Closing Credit¹
Listing Office: 360 Prime Realty Group, LLC
New - 5 days on Rocket
$1,449 Closing Credit¹
Listing Office: Coldwell Banker Paslay Realtor
$1,247 Closing Credit¹
Listing Office: Coldwell Banker Brown Realtors
$534 Closing Credit¹
Listing Office: Southern Realty LLC Collinsvil
Backup offers
$1,543 Closing Credit¹
Listing Office: Landmark Realty
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MLS Disclaimers and Copyright
Based on information from Mid America Regional Information System, for the period 01/01/2023 - 01/01/2025
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.
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: 1/18/2025, 12:23:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.