Is Kenilworth, 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, Kenilworth has remained a Seller's Market.
Housing Prices in Kenilworth, IL
How much do homes in Kenilworth, IL cost?
Median Sold Price
$1,528,250
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kenilworth was $1,528,250 in May 2024, down 21.6% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $420K | $490K | +16.7% |
3 Bedrooms | $925.2K | $888.1K | -4.0% |
4 Bedrooms | $1.5M | $1.4M | -0.4% |
5+ Bedrooms | $2.6M | $2.4M | -6.6% |
Summary: Kenilworth housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 6.6%.
Median Sold Price Compared To Nearby Cities
Winnetka | $1.4M | $1.5M | +12.8% |
New Trier Township | $998K | $1.0M | +4.8% |
Wilmette | $819.8K | $857.5K | +4.6% |
Kenilworth | $1.9M | $1.5M | -21.6% |
Housing Supply in Kenilworth, IL
How many homes are available in Kenilworth, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 22 | +15.8% |
Summary: The Kenilworth real estate market had 22 homes for sale in May 2024, a 15.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 5 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 11 | 12 | +9.1% |
Summary: The Kenilworth 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Kenilworth in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for Kenilworth, IL
How long does it take to sell a home in Kenilworth, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 19 Days | +153.3% |
Summary: Homes in Kenilworth had an average of 19 days on market in May 2024, up by 153.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Kenilworth; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.