Is Bartlett, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$370,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bartlett was $370,000 in March 2024, up 5.7% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $157K | +20.8% |
2 Bedrooms | $255K | $279K | +9.4% |
3 Bedrooms | $333K | $360K | +8.1% |
4 Bedrooms | $440K | $460K | +4.5% |
5+ Bedrooms | $510K | $560K | +9.8% |
Summary: Bartlett housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 9.8%.
Median Sold Price Compared To Nearby Cities
Streamwood | $260K | $290.6K | +11.8% |
Hanover Township | $276.4K | $300K | +8.5% |
Hanover Park | $268.4K | $289K | +7.7% |
Wayne Township | $345K | $370K | +7.2% |
Bartlett | $349.9K | $370K | +5.7% |
Housing Supply in Bartlett, IL
How many homes are available in Bartlett, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
73 | 106 | +45.2% |
Summary: The Bartlett real estate market had 106 homes for sale in March 2024, a 45.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 28 | +33.3% |
3 Bedrooms | 24 | 36 | +50.0% |
4 Bedrooms | 22 | 33 | +50.0% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Bartlett housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 38 | +90.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Bartlett in March 2024, up by 90.0% month-over-month. Of the 38 sold homes, 32% were sold under asking, 16% were sold at asking, and 53% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
23 Days | 22 Days | -2.9% |
Summary: Homes in Bartlett had an average of 22 days on market in Mar 2024, down by 2.9% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 38 homes were sold in Bartlett; 82% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.