Is Batavia, 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, Batavia has remained a Seller's Market.
Housing Prices in Batavia, IL
How much do homes in Batavia, IL cost?
Median Sold Price
$404,543
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Batavia was $404,543 in April 2024, up 8% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142K | $100K | -29.6% |
2 Bedrooms | $262.7K | $291.7K | +11.0% |
3 Bedrooms | $335K | $370.4K | +10.6% |
4 Bedrooms | $437.5K | $476K | +8.8% |
5+ Bedrooms | $465K | $690K | +48.4% |
Summary: Batavia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29.6%, 2 bedroom homes increased by 11%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 48.4%.
Median Sold Price Compared To Nearby Cities
Geneva | $407.4K | $451K | +10.7% |
Geneva Township | $410.6K | $454K | +10.6% |
Batavia Township | $364.9K | $400K | +9.6% |
Batavia | $374.6K | $404.5K | +8.0% |
Aurora | $280K | $299.9K | +7.1% |
Housing Supply in Batavia, IL
How many homes are available in Batavia, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
85 | 97 | +14.1% |
Summary: The Batavia real estate market had 97 homes for sale in April 2024, a 14.1% 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 | 10 | -16.7% |
3 Bedrooms | 27 | 30 | +11.1% |
4 Bedrooms | 38 | 43 | +13.2% |
5+ Bedrooms | 8 | 14 | +75.0% |
Summary: The Batavia 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 16.7%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Batavia in April 2024, up by 3.7% month-over-month. Of the 28 sold homes, 21% were sold under asking, 14% were sold at asking, and 64% were sold over asking.
Days on Market for Batavia, IL
How long does it take to sell a home in Batavia, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 23 Days | -19.2% |
Summary: Homes in Batavia had an average of 23 days on market in Apr 2024, down by 19.2% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Batavia; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.