📊 May 2025 Will County Housing Market Update

The spring market is in full swing here in Will County, and May brought a mix of opportunities and subtle shifts. Whether you're tracking the market or curious about your options, this update breaks down everything you need to know about where local real estate stands right now—both year-over-year and month-over-month.

Let’s take a closer look:

🏡 Home Sales Slow Slightly from April

In May 2025, 684 homes were sold or went pending in Will County—slightly down from 711 in April, marking a 4.3% month-over-month dip. While that might sound like a slowdown, it’s actually typical for this time of year as inventory catches up with demand.

💰 Prices Hold Steady at $365,000

The median sale price remained consistent at $365,000, the same as April and unchanged from May 2024. This signals a healthy, stable market where values are holding firm even as more inventory becomes available.

⏱️ Homes Are Taking Longer to Sell

This is where things are shifting slightly:

• Average Days on Market increased from 18 days last year to 23 days this May — a 29.8% year-over-year jump.

• This means buyers are being more selective, and homes need to stand out to move quickly.

📦 Inventory Is Up — More Choices for Buyers

There’s good news for anyone actively searching:

• Active listings jumped 13.5% from April to May, growing from 2,326 to 2,641 homes available.

• With more homes on the market, buyers have more options, but sellers need expert pricing and strong marketing to stay competitive.

💸 Sale Price Trends — Who’s Getting What?

Here’s how May 2025 sales shook out:

• 46.5% of homes sold above asking price

• 20% sold at asking price

• 34% sold below asking price

Sellers who priced right and marketed effectively saw the strongest results—and that’s where strategy truly matters.

🧭 What This Means for You

This market is stable, active, and full of opportunity—but it’s also becoming more nuanced. Inventory is rising, homes are taking longer to sell, and pricing strategy is everything.

If you’re curious about your options, I offer:

✅ Local market knowledge rooted in performance
✅ Access to Zillow Showcase — listings with this premium placement sell for 2% more on average
✅ Proven marketing that gets homes noticed and sold

Whether you're thinking about making a move or just want to explore what your home could be worth in today's market, I’m here to guide you.

📞 Let’s Explore Your Choices Together

If you're ready to see what your home might sell for—or just want to understand your options—head over to my seller guide or text me directly. No pressure. Just insight.

🔗 piercysells.com/sellers
📱 815-205-0395
📍 Chris Piercy – Top 1% Realtor in Illinois | Top 0.1% Zillow Agent | Real People Realty

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