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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorkville is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Yorkville, IL

How much do homes in Yorkville, IL cost?

Median Sold Price

$369,982

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$50,860(+15.9%)

Key Takeaway

Homes in Yorkville have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Yorkville was $369,982 in May 2024, up 15.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $137K$151K
+10.2%
2 $230K$249.9K
+8.7%
3 $289.1K$324K
+12.1%
4 $404.1K$420.9K
+4.2%
5+ $440.3K$541.2K
+22.9%

Summary: Yorkville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Yorkville
+15.9%
Kendall Township
+12.5%
Bristol Township
+11.7%
Oswego
+5.3%

Housing Supply in Yorkville, IL

How many homes are available in Yorkville, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
165177+7.3%

Summary: The Yorkville real estate market had 177 homes for sale in May 2024, a 7.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 55
0.0%
2 2419
-20.8%
3 4256
+33.3%
4 8787
0.0%
5+ 710
+42.9%

Summary: The Yorkville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4841-14.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yorkville, expect to pay close to the asking price. 43.9% of homes here sold near the asking price last month.

Summary: A total of 41 homes were sold or pending in Yorkville in May 2024, down by 14.6% month-over-month. Of the 41 sold homes, 34% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for Yorkville, IL

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

Average Sale Time

May 2023May 2024CHANGE
26 Days20 Days-23.4%

Summary: Homes in Yorkville had an average of 20 days on market in May 2024, down by 23.4% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 41 homes were sold in Yorkville; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in Yorkville, IL

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