Is Boystown, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boystown is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Boystown has remained a Seller's Market.

Key Takeaway

Boystown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Boystown, IL

How much do homes in Boystown, IL cost?

Median Sold Price

$506,000

$334/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$16,250(+3.3%)

Key Takeaway

Homes in Boystown have sold for 3.3% more than they did a year ago.

Summary: The median home sold price in Boystown was $506,000 in March 2024, up 3.3% from last year, and the median price per square foot was $334.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $279.5K$255K
-8.8%
2 $435K$470K
+8.0%
3 $738.5K$762.5K
+3.2%
4 $1.2M$1.3M
+3.2%
5+ -$1.0M
N/A

Summary: Boystown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Lakeview East
+13.9%
North Side
+5.2%
Lake View
+4.1%
Boystown
+3.3%

Housing Supply in Boystown, IL

How many homes are available in Boystown, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1113+18.2%

Summary: The Boystown real estate market had 13 homes for sale in March 2024, a 18.2% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 24
+100.0%
2 22
0.0%
3 23
+50.0%
4 43
-25.0%
5+ 11
0.0%

Summary: The Boystown 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boystown, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Boystown in March 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Boystown, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days58 Days+128.4%

Summary: Homes in Boystown had an average of 58 days on market in Mar 2024, up by 128.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Boystown has remained consistent over time.

Summary: During March 2024, 4 homes were sold in Boystown; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 27 Days Ago

Newest Listings in Boystown, IL

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