Is Huntley, 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, Huntley has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $235K | +6.8% |
2 Bedrooms | $315K | $318.2K | +1.0% |
3 Bedrooms | $350K | $368K | +5.1% |
4 Bedrooms | $441K | $456K | +3.4% |
5+ Bedrooms | $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 | $300K | $315K | +5.0% |
Grafton Township | $361.8K | $373.4K | +3.2% |
Huntley | $345K | $350K | +1.4% |
Lake in the Hills | $308K | $310.5K | +0.8% |
Coral Township | $425K | $416K | -2.1% |
Housing Supply in Huntley, IL
How many homes are available in Huntley, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
155 | 169 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 82 | 80 | -2.4% |
3 Bedrooms | 32 | 40 | +25.0% |
4 Bedrooms | 34 | 37 | +8.8% |
5+ Bedrooms | 7 | 9 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 58 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 28 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
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.