Is Carol Stream, 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, Carol Stream has remained a Seller's Market.
Housing Prices in Carol Stream, IL
How much do homes in Carol Stream, IL cost?
Median Sold Price
$325,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Carol Stream was $325,000 in March 2024, up 4.9% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128K | $145K | +13.3% |
2 Bedrooms | $232.5K | $240K | +3.2% |
3 Bedrooms | $310K | $328K | +5.8% |
4 Bedrooms | $391K | $430K | +10.0% |
5+ Bedrooms | $561.2K | $535K | -4.7% |
Summary: Carol Stream housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
Wheaton | $384.7K | $425K | +10.5% |
Bloomingdale Township | $290K | $311K | +7.3% |
Glendale Heights | $249.5K | $265K | +6.2% |
Carol Stream | $309.7K | $325K | +4.9% |
Bloomingdale | $350K | $350K | 0.0% |
Housing Supply in Carol Stream, IL
How many homes are available in Carol Stream, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
75 | 87 | +16.0% |
Summary: The Carol Stream real estate market had 87 homes for sale in March 2024, a 16.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 19 | 24 | +26.3% |
3 Bedrooms | 34 | 35 | +2.9% |
4 Bedrooms | 19 | 24 | +26.3% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Carol Stream housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 34 | +36.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in Carol Stream in March 2024, up by 36.0% month-over-month. Of the 34 sold homes, 21% were sold under asking, 12% were sold at asking, and 68% were sold over asking.
Days on Market for Carol Stream, IL
How long does it take to sell a home in Carol Stream, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 13 Days | -61.0% |
Summary: Homes in Carol Stream had an average of 13 days on market in Mar 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in Carol Stream; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.