Is Huntley, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$352,833
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Huntley was $352,833 in May 2024, up 2.3% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $237.5K | +8.0% |
2 Bedrooms | $307.9K | $323K | +4.9% |
3 Bedrooms | $350K | $369.9K | +5.7% |
4 Bedrooms | $444.3K | $458K | +3.1% |
5+ Bedrooms | $518.7K | $529.9K | +2.2% |
Summary: Huntley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 2.2%.
Median Sold Price Compared To Nearby Cities
Lake in the Hills | $300.7K | $325K | +8.1% |
Rutland Township | $300K | $319.3K | +6.5% |
Grafton Township | $359.9K | $376.8K | +4.7% |
Coral Township | $425K | $445K | +4.7% |
Huntley | $345K | $352.8K | +2.3% |
Housing Supply in Huntley, IL
How many homes are available in Huntley, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
166 | 177 | +6.6% |
Summary: The Huntley real estate market had 177 homes for sale in May 2024, a 6.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 82 | 66 | -19.5% |
3 Bedrooms | 39 | 53 | +35.9% |
4 Bedrooms | 33 | 44 | +33.3% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Huntley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 19.5%, 3 bedroom homes increased by 35.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 60 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
34 Homes Were Sold
Over Asking
Summary: A total of 60 homes were sold or pending in Huntley in May 2024, the same as the previous month. Of the 60 sold homes, 28% were sold under asking, 15% were sold at asking, and 57% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 15 Days | -22.9% |
Summary: Homes in Huntley had an average of 15 days on market in May 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 60 homes were sold in Huntley; 87% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.