Housing Prices in Bannockburn, IL

How much do homes in Bannockburn, IL cost?

Median List Price

$1,499,000

$374/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$254,000(+20.4%)

Key Takeaway

The list price of homes in Bannockburn has increased by 20.4% since last year.

Summary: The median home list price in Bannockburn was $1,499,000 in November 2024, up 20.4% from the previous year, and the median price per square foot was $374.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $1.6M$1.4M
-12.8%
4 $1.6M$1.0M
-37.2%
5+ $1.1M$2.1M
+84.1%

Summary: Bannockburn housing prices by bedroom type for November 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 decreased by 12.8%, 4 bedroom homes decreased by 37.2%, and 5+ bedroom homes increased by 84.1%.

Median List Price Compared To Nearby Cities

Bannockburn
+20.4%
Lake Forest
+18.2%
Deerfield
+12.7%
West Deerfield Township
+7.1%
Highland Park
+5.7%

Housing Supply in Bannockburn, IL

How many homes are available in Bannockburn, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Bannockburn real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 22
0.0%
5+ 43
-25.0%

Summary: The Bannockburn housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 25%.

Days on Market for Bannockburn, IL

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

Average Listing Age

Nov 2023Nov 2024CHANGE
539 Days182 Days-66.2%

Summary: Homes in Bannockburn had an average listing age of 182 days in Nov 2024, down by 66.2% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Bannockburn, IL

Nearby Markets to Bannockburn, IL

What housing markets are near Bannockburn, IL?