Is Kildeer, 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, Kildeer has remained a Seller's Market.
Housing Prices in Kildeer, IL
How much do homes in Kildeer, IL cost?
Median Sold Price
$847,500
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kildeer was $847,500 in May 2024, up 12.3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $717.4K | N/A |
3 Bedrooms | $640K | $645K | +0.8% |
4 Bedrooms | $770K | $910K | +18.2% |
5+ Bedrooms | $820K | $970K | +18.3% |
Summary: Kildeer 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 did not change, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 18.3%.
Median Sold Price Compared To Nearby Cities
Kildeer | $755K | $847.5K | +12.3% |
Long Grove | $750K | $825K | +10.0% |
Lake Zurich | $384.3K | $421.6K | +9.7% |
Ela Township | $535K | $564.5K | +5.5% |
Deer Park | $555K | $540K | -2.7% |
Housing Supply in Kildeer, IL
How many homes are available in Kildeer, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 38 | +15.2% |
Summary: The Kildeer real estate market had 38 homes for sale in May 2024, a 15.2% 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 | 2 | 3 | +50.0% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 17 | 19 | +11.8% |
5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Kildeer 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 increased by 50%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Kildeer in May 2024, up by 10.0% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for Kildeer, IL
How long does it take to sell a home in Kildeer, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 71 Days | +143.1% |
Summary: Homes in Kildeer had an average of 71 days on market in May 2024, up by 143.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 11 homes were sold in Kildeer; 91% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.