Is Carol Stream, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carol Stream is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Carol Stream, IL cost?

Median Sold Price

$306,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$27,286(+9.8%)

Key Takeaway

Homes in Carol Stream have sold for 9.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $115K$128K
+11.3%
2 $196K$220K
+12.2%
3 $280K$308K
+10.0%
4 $365K$390K
+6.8%
5+ $442.5K$479K
+8.2%

Median Sold Price Compared To Nearby Cities

Carol Stream
+9.8%
Bloomingdale
+7.3%
Glendale Heights
+6.8%
Bloomingdale Township
+5.7%
Wheaton
+4.4%

How many homes are available in Carol Stream, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
9778-19.6%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 22
0.0%
2 2517
-32.0%
3 4334
-20.9%
4 2524
-4.0%
5+ 21
-50.0%

Number of Homes Sold

Oct 2022Nov 2022%
3822-42.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carol Stream, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
13 Days18 Days+37.4%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Carol Stream, IL

There are 78 homes are for sale in Carol Stream, IL real estate market. The number of listings in Carol Stream, IL decreased by 19.6% between October 2022 and November 2022. In November 2022, listings were on the market for 18 days. During the same period, the median list price in this real estate market was $306,000. Listing prices have changed in this real estate market between October 2022 and November 2022: prices of 1 bedroom properties increased by 11.3%, prices of 2 bedrooms properties increased by 12.2%, prices of 3 bedrooms properties went up by 10%, 4 bedrooms properties became 6.8% more expensive, prices of 5 bedrooms properties went up by 8.2%. This housing market inventory have changed: number of 1 bedroom homes remained the same, 2 bedrooms homes inventory decreased by 32%, 3 bedrooms homes inventory decreased by 20.9%, the quantity of 4 bedrooms homes went down by 4%, 5 bedrooms homes became 50% less available. While more than 6 listings in Carol Stream, IL in November 2022 were sold above asking price, there were more than 6 listings sold at asking price, and more than 10 were sold below.

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