Is Clarendon Hills, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Clarendon Hills has remained a Seller's Market.
Housing Prices in Clarendon Hills, IL
How much do homes in Clarendon Hills, IL cost?
Median Sold Price
$626,000
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Clarendon Hills was $626,000 in June 2024, up 8.9% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126.5K | $142.5K | +12.6% |
2 Bedrooms | $243.5K | $310K | +27.3% |
3 Bedrooms | $404.9K | $465K | +14.8% |
4 Bedrooms | $935.3K | $925K | -1.1% |
5+ Bedrooms | $1.4M | $1.3M | -3.4% |
Summary: Clarendon Hills housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.6%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 14.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 3.4%.
Median Sold Price Compared To Nearby Cities
Hinsdale | $958.7K | $1.2M | +33.0% |
Downers Grove Township | $396.7K | $440.6K | +11.1% |
Clarendon Hills | $575K | $626K | +8.9% |
Westmont | $342K | $348.9K | +2.0% |
Housing Supply in Clarendon Hills, IL
How many homes are available in Clarendon Hills, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
51 | 48 | -5.9% |
Summary: The Clarendon Hills real estate market had 48 homes for sale in June 2024, a 5.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 8 | -20.0% |
3 Bedrooms | 17 | 13 | -23.5% |
4 Bedrooms | 15 | 20 | +33.3% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Clarendon Hills housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
13 | 23 | +76.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Clarendon Hills in June 2024, up by 76.9% month-over-month. Of the 23 sold homes, 35% were sold under asking, 9% were sold at asking, and 57% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
22 Days | 30 Days | +38.7% |
Summary: Homes in Clarendon Hills had an average of 30 days on market in Jun 2024, up by 38.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 23 homes were sold in Clarendon Hills; 91% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.