Is Bensenville, 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, Bensenville has remained a Seller's Market.
Housing Prices in Bensenville, IL
How much do homes in Bensenville, IL cost?
Median Sold Price
$289,900
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Bensenville was $289,900 in March 2024, up 2.8% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $130K | +8.3% |
2 Bedrooms | $206K | $200K | -2.9% |
3 Bedrooms | $300K | $321.5K | +7.2% |
4 Bedrooms | $325K | $334.5K | +2.9% |
5+ Bedrooms | $307.5K | $530K | +72.4% |
Summary: Bensenville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 72.4%.
Median Sold Price Compared To Nearby Cities
Franklin Park | $275K | $300K | +9.1% |
Leyden Township | $280K | $304.7K | +8.8% |
Addison Township | $324.8K | $344K | +5.9% |
Bensenville | $282.1K | $289.9K | +2.8% |
Wood Dale | $310K | $315K | +1.6% |
Housing Supply in Bensenville, IL
How many homes are available in Bensenville, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 33 | +22.2% |
Summary: The Bensenville real estate market had 33 homes for sale in March 2024, a 22.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bensenville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Bensenville in March 2024, up by 33.3% month-over-month. Of the 12 sold homes, 92% were sold under asking, 0% were sold at asking, and 8% were sold over asking.
Days on Market for Bensenville, IL
How long does it take to sell a home in Bensenville, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 49 Days | +139.0% |
Summary: Homes in Bensenville had an average of 49 days on market in Mar 2024, up by 139% compared to last year.
Breakdown of Home Sale Times
5 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, 12 homes were sold in Bensenville; 42% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.