Is Clarendon Hills, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clarendon Hills was a Seller's Market.
Housing Prices in Clarendon Hills, IL
How much do homes in Clarendon Hills, IL cost?
Median Sold Price
$599,000
$291/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clarendon Hills was $599,000 in March 2024, up 4.2% from last year, and the median price per square foot was $291.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $135K | +17.4% |
2 Bedrooms | $253.7K | $275K | +8.4% |
3 Bedrooms | $494.9K | $410K | -17.2% |
4 Bedrooms | $900K | $899K | -0.1% |
5+ Bedrooms | $1.4M | $1.3M | -4.6% |
Summary: Clarendon Hills housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
Hinsdale | $999.4K | $1.1M | +16.6% |
Clarendon Hills | $575K | $599K | +4.2% |
Downers Grove Township | $404.8K | $420.8K | +4.0% |
Westmont | $340.1K | $347K | +2.0% |
Housing Supply in Clarendon Hills, IL
How many homes are available in Clarendon Hills, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 36 | +33.3% |
Summary: The Clarendon Hills real estate market had 36 homes for sale in March 2024, a 33.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 8 | 12 | +50.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Clarendon Hills 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 200%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Clarendon Hills in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Clarendon Hills, IL
How long does it take to sell a home in Clarendon Hills, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 6 Days | -89.6% |
Summary: Homes in Clarendon Hills had an average of 6 days on market in Mar 2024, down by 89.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Clarendon Hills; 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.