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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dupo is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Dupo, IL

How much do homes in Dupo, IL cost?

Median Sold Price

$146,000

$100/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$8,750(+6.4%)

Key Takeaway

Homes in Dupo have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Dupo was $146,000 in April 2024, up 6.4% from last year, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$108K
N/A
2 $86.2K$100K
+15.9%
3 $146K$173.6K
+18.9%
4 $150K$189.5K
+26.3%
5+ $169K$184K
+8.9%

Summary: Dupo 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 15.9%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Sugar Loaf Township
+14.4%
Columbia
+10.2%
Dupo
+6.4%

Housing Supply in Dupo, IL

How many homes are available in Dupo, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1110-9.1%

Summary: The Dupo real estate market had 10 homes for sale in April 2024, a 9.1% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 55
0.0%
3 54
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Dupo 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 decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dupo, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Dupo in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Dupo, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
77 Days42 Days-44.7%

Summary: Homes in Dupo had an average of 42 days on market in Apr 2024, down by 44.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Dupo; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 Apr 1, 2024

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