Is DuPage County, 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, DuPage County has remained a Seller's Market.
Housing Prices in DuPage County, IL
How much do homes in DuPage County, IL cost?
Median Sold Price
$382,843
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in DuPage County was $382,843 in April 2024, up 6.4% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135.1K | $155.6K | +15.1% |
2 Bedrooms | $234.9K | $255.9K | +9.0% |
3 Bedrooms | $342.7K | $370K | +8.0% |
4 Bedrooms | $520.8K | $565.3K | +8.6% |
5+ Bedrooms | $704.3K | $799.9K | +13.6% |
Summary: DuPage County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.1%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes increased by 13.6%.
Median Sold Price Compared To Nearby Counties
Kane County | $309.5K | $341K | +10.2% |
Will County | $305.2K | $327.8K | +7.4% |
DuPage County | $359.8K | $382.8K | +6.4% |
Cook County | $306.1K | $320.2K | +4.6% |
Housing Supply in DuPage County, IL
How many homes are available in DuPage County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2,498 | 2,896 | +15.9% |
Summary: The DuPage County real estate market had 2,896 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 88 | 85 | -3.4% |
2 Bedrooms | 582 | 627 | +7.7% |
3 Bedrooms | 847 | 979 | +15.6% |
4 Bedrooms | 720 | 881 | +22.4% |
5+ Bedrooms | 261 | 324 | +24.1% |
Summary: The DuPage County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 24.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
767 | 895 | +16.7% |
Asking Price vs. Sold Price
288 Homes Were Sold
Under Asking
132 Homes Were Sold
At Asking
475 Homes Were Sold
Over Asking
Summary: A total of 895 homes were sold or pending in DuPage County in April 2024, up by 16.7% month-over-month. Of the 895 sold homes, 32% were sold under asking, 15% were sold at asking, and 53% were sold over asking.
Days on Market for DuPage County, IL
How long does it take to sell a home in DuPage County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 16 Days | -25.5% |
Summary: Homes in DuPage County had an average of 16 days on market in Apr 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
778 Homes Were Sold
Under 30 Days
81 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During April 2024, 895 homes were sold in DuPage County; 87% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.