Is Bartlett, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Bartlett has remained a Seller's Market.
Housing Prices in Bartlett, IL
How much do homes in Bartlett, IL cost?
Median Sold Price
$375,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bartlett was $375,000 in April 2024, up 7.8% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $157K | +20.8% |
2 Bedrooms | $257K | $280K | +8.9% |
3 Bedrooms | $335K | $370K | +10.4% |
4 Bedrooms | $444.9K | $460.9K | +3.6% |
5+ Bedrooms | $500K | $580K | +16.0% |
Summary: Bartlett housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Cities
Streamwood | $260K | $295K | +13.5% |
Hanover Township | $275K | $301.3K | +9.6% |
Wayne Township | $345K | $375K | +8.7% |
Bartlett | $348K | $375K | +7.8% |
Hanover Park | $275K | $281.6K | +2.4% |
Housing Supply in Bartlett, IL
How many homes are available in Bartlett, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
104 | 119 | +14.4% |
Summary: The Bartlett real estate market had 119 homes for sale in April 2024, a 14.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 27 | 25 | -7.4% |
3 Bedrooms | 36 | 46 | +27.8% |
4 Bedrooms | 32 | 42 | +31.3% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Bartlett 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 decreased by 7.4%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 39 | +2.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Bartlett in April 2024, up by 2.6% month-over-month. Of the 39 sold homes, 18% were sold under asking, 21% were sold at asking, and 62% were sold over asking.
Days on Market for Bartlett, IL
How long does it take to sell a home in Bartlett, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 8 Days | -46.8% |
Summary: Homes in Bartlett had an average of 8 days on market in Apr 2024, down by 46.8% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in Bartlett; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.