Is Kendall 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, Kendall County has remained a Seller's Market.
Housing Prices in Kendall County, IL
How much do homes in Kendall County, IL cost?
Median Sold Price
$335,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kendall County was $335,000 in April 2024, up 10.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.9K | $145K | +11.6% |
2 Bedrooms | $220.3K | $243K | +10.3% |
3 Bedrooms | $280K | $299.6K | +7.0% |
4 Bedrooms | $398.6K | $415K | +4.1% |
5+ Bedrooms | $440.6K | $475K | +7.8% |
Summary: Kendall County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Counties
DeKalb County | $230K | $259.9K | +13.0% |
Kendall County | $302.7K | $335K | +10.6% |
Kane County | $309.5K | $341K | +10.2% |
Will County | $305.2K | $327.8K | +7.4% |
DuPage County | $359.8K | $382.8K | +6.4% |
Housing Supply in Kendall County, IL
How many homes are available in Kendall County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
412 | 418 | +1.5% |
Summary: The Kendall County real estate market had 418 homes for sale in April 2024, a 1.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 9 | +80.0% |
2 Bedrooms | 64 | 70 | +9.4% |
3 Bedrooms | 145 | 137 | -5.5% |
4 Bedrooms | 170 | 170 | 0.0% |
5+ Bedrooms | 28 | 32 | +14.3% |
Summary: The Kendall County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
130 | 127 | -2.3% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
68 Homes Were Sold
Over Asking
Summary: A total of 127 homes were sold or pending in Kendall County in April 2024, down by 2.3% month-over-month. Of the 127 sold homes, 33% were sold under asking, 13% were sold at asking, and 54% were sold over asking.
Days on Market for Kendall County, IL
How long does it take to sell a home in Kendall County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 15 Days | -0.9% |
Summary: Homes in Kendall County had an average of 15 days on market in Apr 2024, down by 0.9% compared to last year.
Breakdown of Home Sale Times
107 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 127 homes were sold in Kendall County; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.