Is Huntley, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntley is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Huntley has remained a Seller's Market.

Key Takeaway

Huntley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Huntley, IL

How much do homes in Huntley, IL cost?

Median Sold Price

$350,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.4%)

Key Takeaway

Homes in Huntley have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Huntley was $350,000 in April 2024, up 1.4% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $220K$235K
+6.8%
2 $315K$318.2K
+1.0%
3 $350K$368K
+5.1%
4 $441K$456K
+3.4%
5+ $513.1K$525K
+2.3%

Summary: Huntley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 2.3%.

Median Sold Price Compared To Nearby Cities

Rutland Township
+5.0%
Grafton Township
+3.2%
Huntley
+1.4%
Lake in the Hills
+0.8%
Coral Township
-2.1%

Housing Supply in Huntley, IL

How many homes are available in Huntley, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
155169+9.0%

Summary: The Huntley real estate market had 169 homes for sale in April 2024, a 9.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 03
+100.0%
2 8280
-2.4%
3 3240
+25.0%
4 3437
+8.8%
5+ 79
+28.6%

Summary: The Huntley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 2.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 28.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4558+28.9%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntley, you could pay more than the asking price. 41.4% of homes here sold above asking price last month.

Summary: A total of 58 homes were sold or pending in Huntley in April 2024, up by 28.9% month-over-month. Of the 58 sold homes, 33% were sold under asking, 26% were sold at asking, and 41% were sold over asking.

Days on Market for Huntley, IL

How long does it take to sell a home in Huntley, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
27 Days28 Days+2.0%

Summary: Homes in Huntley had an average of 28 days on market in Apr 2024, up by 2% compared to last year.

Breakdown of Home Sale Times

44 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Huntley are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 58 homes were sold in Huntley; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Huntley, IL

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