Wood River, IL Home Values & Market Trends
Real estate market trends reflect that there have been 245 transactions over the past year in Wood River. The median value for residential home transactions that occurred over the previous year is $102,456.8. The number of current listings in Wood River is 26, and the percentage of properties for sale in the city is 26.00%. Wood River, IL currently has 33 properties in foreclosure, 5 bank owned properties, 9 properties headed for auction, and 26 properties for sale.
Wood River, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 62095 | $ 115,802 $ 89/sqft |
Housing Market Summary for Wood River, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $129K | $105K | -18.60% |
| Median Sold Price | $97,475 | $105K | 7.72% |
| Homes For Sale | 15 | 20 | 33.33% |
| Homes Sold | 143 | 98 | -31.47% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Wood River, IL
Browse Homes in Wood River, IL
Wood River home values range from $20,500 to $1,296,572. The median estimated value of a home in Wood River is $102,456.8. The median list price of a home is 119,950, and the total count of properties in the city is 4,125.
- Pre-ForeclosurePre-foreclosure homes account for 0.46% of all residential properties in Wood River, IL with 62095 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Wood River, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $188,865 in 62095 to the lowest home value of $34,247 in 62095.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Wood River, IL ranges from the highest value of $173,073 in 62095 to the lowest value of $47,900 in 62095. Bank owned homes and properties account for 0.12% of properties in Wood River, IL. There is 1 zips within Wood River, IL; 62095 containing 5 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions62095 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Wood River, IL. Auction homes and other auction properties account for 0.22% of all properties in Wood River, IL. There is 1 zips within Wood River, IL; of that zips, the median estimated home value for homes going to auction ranges from $197,824 in 62095 to the lowest value of $81,058 in 62095.
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