Is Brookside Glen, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookside Glen is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Brookside Glen, IL

How much do homes in Brookside Glen, IL cost?

Median Sold Price

$470,000

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,000(+2.6%)

Key Takeaway

Homes in Brookside Glen have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Brookside Glen was $470,000 in April 2024, up 2.6% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $446.7K$489.5K
+9.6%
4 $462.5K$465K
0.5%
5+ $497.5K$480K
-3.5%

Summary: Brookside Glen housing prices by bedroom type for April 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 increased by 9.6%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 3.5%.

Median Sold Price Compared To Nearby Neighborhoods

Frankfort Square
+7.2%
Brookside Glen Townhomes
+5.4%
Brookside Glen
+2.6%

Housing Supply in Brookside Glen, IL

How many homes are available in Brookside Glen, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
79+28.6%

Summary: The Brookside Glen real estate market had 9 homes for sale in April 2024, a 28.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 23
+50.0%
4 43
-25.0%
5+ 13
+200.0%

Summary: The Brookside Glen 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookside Glen, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Brookside Glen in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Brookside Glen, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
5 Days8 Days+60.5%

Summary: Homes in Brookside Glen had an average of 8 days on market in Apr 2024, up by 60.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brookside Glen are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Brookside Glen; 100% of homes were sold within 30 days, 0% 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 5 Days Ago

Newest Listings in Brookside Glen, IL

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