Is Leyden Township, 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, Leyden Township has remained a Seller's Market.
Housing Prices in Leyden Township, IL
How much do homes in Leyden Township, IL cost?
Median Sold Price
$304,987
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Leyden Township was $304,987 in April 2024, up 8.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $107.5K | $119.7K | +11.4% |
2 Bedrooms | $225K | $215K | -4.4% |
3 Bedrooms | $305K | $320K | +4.9% |
4 Bedrooms | $337K | $370K | +9.8% |
5+ Bedrooms | $437.5K | $473.7K | +8.3% |
Summary: Leyden Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Cities
Franklin Park | $275K | $300K | +9.1% |
Leyden Township | $280K | $304.9K | +8.9% |
Norridge | $350K | $370K | +5.7% |
River Grove | $259.5K | $274K | +5.6% |
Schiller Park | $254K | $245K | -3.5% |
Housing Supply in Leyden Township, IL
How many homes are available in Leyden Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
233 | 260 | +11.6% |
Summary: The Leyden Township real estate market had 260 homes for sale in April 2024, a 11.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 30 | 33 | +10.0% |
2 Bedrooms | 44 | 52 | +18.2% |
3 Bedrooms | 87 | 96 | +10.3% |
4 Bedrooms | 50 | 54 | +8.0% |
5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The Leyden Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 74 | +1.4% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Leyden Township in April 2024, up by 1.4% month-over-month. Of the 74 sold homes, 38% were sold under asking, 19% were sold at asking, and 43% were sold over asking.
Days on Market for Leyden Township, IL
How long does it take to sell a home in Leyden Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 27 Days | -1.9% |
Summary: Homes in Leyden Township had an average of 27 days on market in Apr 2024, down by 1.9% compared to last year.
Breakdown of Home Sale Times
54 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 74 homes were sold in Leyden Township; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.