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Why Live in Wood River
Wood River is a neighborhood experiencing revitalization, particularly in its downtown area. Recent additions like 1929 Pizza & Wine, Burger Bar, and C&B Boiled Bagels have brought new life to previously empty storefronts. The city’s 2023 Comprehensive Plan aims to foster mixed-use development and pedestrian-friendly streets, attracting businesses with lower commercial rents compared to nearby towns. Residents can enjoy amenities such as the longstanding Riverbend Resale thrift shop and Farm Fresh grocery store on the south end of town. Housing in Wood River primarily consists of early and mid-20th century constructions, including Arts and Crafts and minimal traditional designs, with many homes well-maintained and freshly painted. The neighborhood's property values have been rising steadily. Education is served by Lewis & Clark Junior High School, which has a high rating for teacher quality and a low student-to-teacher ratio. Central Park features a new inclusive playground, and a 35,000-square-foot recreation center is set to open by the end of 2023, offering various sports facilities. Wood River’s crime rate is lower than the national average, contributing to its appeal for families and individuals alike.
Home Trends in Wood River, IL
On average, homes in Wood River, IL sell after 96 days on the market compared to the national average of 70 days. The median sale price for homes in Wood River, IL over the last 12 months is $400,000, down 20% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$400,000
Median Single Family Sale Price
$394,620
Median Townhouse Sale Price
$400,000
Median 2 Bedroom Sale Price
$374,500
Average Price Per Sq Ft
$271
Number of Homes for Sale
14
Last 12 months Home Sales
52
Months of Supply
3.20
Median List Price
$398,180
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-20%
Wood River Types of Homes for Sale
More About Living in Wood River
Homes in Nearby Neighborhoods
Homes in Nearby Cities
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