Is Willow Springs, IL 60480 a buyer’s or seller’s market?
Willow Springs is a seller’s market. With about 1.8 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #304 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Willow Springs housing market right now
In the three months ending August 31, 2026, 38% of homes in Willow Springs, IL 60480 sold above their list price, the typical home went under contract in 50 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 48%, homes sold faster (64 days then) and the median sale price fell 8% to $356,096. Overall, Willow Springs is less competitive than a year ago, which gives buyers more room.
Within Cook County, homes here sell more slowly than in 51% of the county’s ZIP codes, and sell less often over asking than in 70%. On our competition score, Willow Springs ranks #304 of 464 IL ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Thornton 60476 (14% sold over asking) or Chicago 60604 (17% sold over asking), while Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.
Run the numbers for 60480
Nearby markets
Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →Towns like Willow Springs nearby
Find towns like Willow Springs in other states →Where Willow Springs is
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Questions about Willow Springs real estate
Is Willow Springs a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Willow Springs, IL 60480 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Willow Springs?
The typical home went under contract in 50 days in the latest three months.
Do homes in Willow Springs sell over asking?
38% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.
What are property taxes in Willow Springs?
About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.
What is the median home price in Willow Springs?
The median sale price was $356,096 in the three months ending August 31, 2026, about $237 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology