Is Ashburn, 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, Ashburn has remained a Seller's Market.
Housing Prices in Ashburn, IL
How much do homes in Ashburn, IL cost?
Median Sold Price
$260,000
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ashburn was $260,000 in April 2024, up 3.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225K | $245.7K | +9.2% |
3 Bedrooms | $253.5K | $265K | +4.5% |
4 Bedrooms | $263K | $274.9K | +4.6% |
5+ Bedrooms | $335K | $305.5K | -8.8% |
Summary: Ashburn 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 9.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Neighborhoods
Ford City | $234.9K | $260K | +10.7% |
Ashburn | $250.5K | $260K | +3.8% |
Chicago Lawn | $250K | $258K | +3.2% |
Far Southwest Side | $244.8K | $251.4K | +2.7% |
West Lawn | $265K | $267.5K | +0.9% |
Housing Supply in Ashburn, IL
How many homes are available in Ashburn, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 104 | +6.1% |
Summary: The Ashburn real estate market had 104 homes for sale in April 2024, a 6.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 14 | +16.7% |
3 Bedrooms | 58 | 62 | +6.9% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Ashburn 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 increased by 16.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 20 | -20.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Ashburn in April 2024, down by 20.0% month-over-month. Of the 20 sold homes, 30% were sold under asking, 15% were sold at asking, and 55% were sold over asking.
Days on Market for Ashburn, IL
How long does it take to sell a home in Ashburn, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 36 Days | +41.7% |
Summary: Homes in Ashburn had an average of 36 days on market in Apr 2024, up by 41.7% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Ashburn; 70% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.