Is Carpentersville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Carpentersville has remained a Seller's Market.
Housing Prices in Carpentersville, IL
How much do homes in Carpentersville, IL cost?
Median Sold Price
$255,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Carpentersville was $255,000 in April 2024, up 10.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133.9K | $161.9K | +20.9% |
2 Bedrooms | $198.7K | $229K | +15.2% |
3 Bedrooms | $230K | $251.9K | +9.5% |
4 Bedrooms | $385K | $375K | -2.6% |
5+ Bedrooms | $455K | $447.4K | -1.7% |
Summary: Carpentersville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Cities
Dundee Township | $252.6K | $279.9K | +10.8% |
Carpentersville | $231.6K | $255K | +10.1% |
Algonquin | $340K | $368.7K | +8.4% |
East Dundee | $235.5K | $254.5K | +8.1% |
West Dundee | $360K | $357.5K | -0.7% |
Housing Supply in Carpentersville, IL
How many homes are available in Carpentersville, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
68 | 76 | +11.8% |
Summary: The Carpentersville real estate market had 76 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Carpentersville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Carpentersville in April 2024, up by 8.7% month-over-month. Of the 25 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.
Days on Market for Carpentersville, IL
How long does it take to sell a home in Carpentersville, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 28 Days | +33.5% |
Summary: Homes in Carpentersville had an average of 28 days on market in Apr 2024, up by 33.5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Carpentersville; 72% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.