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Housing in Washington Township

72 homes sold in Washington Township in the last year, at a typical $323K

Redfin reports Washington Township’s sales by ZIP code, so these figures are for ZIP 60401, which takes in Washington Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Washington Township homes are listed.

Homes for sale in Washington TownshipZillowRealtor.comMore places to look ↓
Homes sold
72
ZIP 60401 · June 2025 to May 2026
Typical sale price
$323K
median, weighted by sales
Price per square foot
$155
Illinois $193
Paid vs. asking
97.6%
18% sold over asking
For sale now
34
May 2026 · 11 sold that month
What sold · last 12 months · ZIP 60401

Houses are 82% of Washington Township’s sales, at a typical $335K

72 homes sold in the year to May 2026.

Houses$335K

typical sale · 59 sold in 12 months

Per square foot
$154IL $180
Days to sell
127
Sold over asking
20%
14 years of sales

About as many homes sell as usual, at twice the 2016 price

72 sales in the last year, against 115 in 2015 and a low of 62 in 2012. The typical sale went from $165K in 2016 to $323K.

Homes soldTypical sale price
03775112150$175K$250K$325K$400K2012: 62 sold, typical $135K’122013: 81 sold, typical $146K2014: 79 sold, typical $160K’142015: 115 sold, typical $156K2016: 67 sold, typical $165K’162017: 81 sold, typical $177K2018: 104 sold, typical $186K’182019: 78 sold, typical $181K2020: 100 sold, typical $186K’202021: 95 sold, typical $231K2022: 95 sold, typical $251K’222023: 65 sold, typical $270K2024: 81 sold, typical $291K’242025: 72 sold, typical $297KLast 12 months: 72 sold, typical $323KNow

Source: Redfin Data Center, MLS sales; for ZIP 60401, which takes in Washington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Washington Township

Houseat $154 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Washington Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Washington Township are more common than before the pandemic, with about as many homes for sale

We read every month of home sales in ZIP 60401 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 72 sales.

If you’re buying in Washington Township

  • Shop in September. It brings about 9 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • Offer under asking. Buyers paid 97.6% of the list price on average; 18% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 108 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 11 a month), but May is the most competitive: 22% of May sales close over asking. August and September offer nearly as much choice with fewer homes bid up (19%). January has the least competition (13%) but only about 6 new listings.

New listings a monthShare sold over asking
03.87.511.31513%27%40%Sweet spotJan: 6 new listings a month, 13% sold over asking, 77 days to sellJFeb: 6 new listings a month, 13% sold over asking, 82 days to sellFMar: 7 new listings a month, 19% sold over asking, 96 days to sellMApr: 9 new listings a month, 21% sold over asking, 87 days to sellAMay: 11 new listings a month, 22% sold over asking, 84 days to sellMJun: 11 new listings a month, 20% sold over asking, 65 days to sellJJul: 11 new listings a month, 21% sold over asking, 59 days to sellJAug: 10 new listings a month, 19% sold over asking, 59 days to sellASep: 9 new listings a month, 17% sold over asking, 61 days to sellSOct: 9 new listings a month, 18% sold over asking, 71 days to sellONov: 8 new listings a month, 17% sold over asking, 77 days to sellNDec: 6 new listings a month, 16% sold over asking, 76 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Illinois

Washington Township now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price18%10%40%37%
Gone within two weeksShare of homes under contract within 14 days29%17%56%46%
Listings with a price cutShare of homes for sale that cut their price———19%
Price paid vs. askingAverage sale price ÷ list price97.6%96.4%99.1%99.2%
Days to sellMedian days from listing to contract108991649
Supply

38 homes for sale on a typical day

That’s 2.3 times the 2021 low (16), about the 2017–19 level and well under 2012’s 62.

2012: 62 for sale’122013: 48 for sale2014: 61 for sale2015: 45 for sale’152016: 40 for sale2017: 45 for sale2018: 33 for sale’182019: 34 for sale2020: 21 for sale2021: 16 for sale’212022: 21 for sale2023: 19 for sale2024: 23 for sale’242025: 36 for saleLast 12 months: 38 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 60401, which takes in Washington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Washington Township home costs about $2,332 a month

Mortgage
Property tax
Insurance
Rent

Price: Washington Township’s typical sale, last 12 months. Property tax at Washington Township’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Washington Township is affordable on local pay is on Cost of living.

Before you buy in Washington Township

Six things worth knowing

11

New listings in June

The month with the most choice. February has the fewest, about 6.

Best time to buy
2.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $323K home, about $7,770 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Washington Township, from test results, graduation and how much students grow.

Schools in Washington Township
30 min

Typical commute

The average one-way trip to work for people who live in Washington Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Crete and Grant Park sell for less a square foot

The busier markets within 25 miles of Washington Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Cedar Lake274$306K$18416%46
Crete116$283K$13932%73
Washington Township (ZIP 60401)72$323K$15518%108
Monee Township70$311K$16039%74
Beecher68$308K$16018%117
Hanover Township37$208K$15919%76
Grant Park20$223K$1365%68

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Washington Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Washington Township. People who follow the town see it, and so do people comparing Washington Township with their own town. No commission, no listing fee.

Questions about buying a home in Washington Township

What do homes sell for in Washington Township, IL?

72 homes sold in the year to May 2026 at a typical $323K, $155 a square foot.

Is Washington Township a buyer’s or seller’s market?

A seller’s market: 34 homes were for sale in May 2026 and 11 sold, about 3.1 months of supply. Buyers paid 97.6% of asking on average.

When is the best time to buy in Washington Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Washington Township?

About 2.4% of a home’s value a year. On a $323K home that’s near $7,770.

Where can I see homes for sale in Washington Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Washington Township’s MLS listings; the search links above open each one filtered to Washington Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 60401, which takes in Washington Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).