Is Kendall Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall Township is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Kendall Township was a Neutral Market.

Key Takeaway

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

Housing Prices in Kendall Township, IL

How much do homes in Kendall Township, IL cost?

Median Sold Price

$405,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$57,500(+16.5%)

Key Takeaway

Homes in Kendall Township have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Kendall Township was $405,000 in April 2024, up 16.5% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $250K$275K
+10.0%
3 $286.7K$330K
+15.1%
4 $404.1K$430K
+6.4%
5+ $465K$589.9K
+26.9%

Summary: Kendall Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 26.9%.

Median Sold Price Compared To Nearby Cities

Yorkville
+20.6%
Kendall Township
+16.5%
Bristol Township
+7.9%
Na-Au-Say Township
+6.3%
Fox Township
-12.2%

Housing Supply in Kendall Township, IL

How many homes are available in Kendall Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5654-3.6%

Summary: The Kendall Township real estate market had 54 homes for sale in April 2024, a 3.6% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1316
+23.1%
4 3731
-16.2%
5+ 01
+100.0%

Summary: The Kendall Township 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 remained the same, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1015+50.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall Township, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Kendall Township in April 2024, up by 50.0% month-over-month. Of the 15 sold homes, 53% were sold under asking, 13% were sold at asking, and 33% were sold over asking.

Days on Market for Kendall Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days29 Days+34.8%

Summary: Homes in Kendall Township had an average of 29 days on market in Apr 2024, up by 34.8% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 15 homes were sold in Kendall Township; 60% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 7% 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 27 Days Ago

Newest Listings in Kendall Township, IL

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