Is Countryside, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Countryside is a buyer's market

Buyer's
Market

Difference Since November 2021

At the same time last year, Countryside was a Seller's Market.

Key Takeaway

Countryside is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Countryside, IL cost?

Median Sold Price

$360,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$60,000(+20.0%)

Key Takeaway

Homes in Countryside have sold for 20% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $99.5K$103K
+3.5%
2 $137.9K$155.7K
+12.9%
3 $334K$365K
+9.3%
4 $510K$669K
+31.2%
5+ $625K$501.9K
-19.7%

Median Sold Price Compared To Nearby Cities

Countryside
+20.0%
La Grange
+12.3%
Indian Head Park
+7.1%
Lyons Township
+6.3%

How many homes are available in Countryside, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
1722+29.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 33
0.0%
3 69
+50.0%
4 57
+40.0%
5+ 33
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
03+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Countryside, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
17 Days38 Days+118.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Countryside has remained consistent over time.

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

About Countryside, IL

Number of homes for sale in Countryside, IL real estate market have reached 22. The inventory of homes for sale in Countryside, IL between October 2022 and November 2022 increased by 29.4%. While the average time on the market in November 2022 was 38 days, the median list price was $360,000. Real estate listing prices changed between October 2022 and November 2022: prices of 1 bedroom properties went up by 3.5%, prices of 2 bedrooms properties increased by 12.9%, the cost of 3 bedrooms properties went up by 9.3%, prices of 4 bedrooms properties increased by 31.2%, prices of 5 bedrooms properties decreased by 19.7%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes stayed the same, the quantity of 2 bedrooms homes have not changed, volume of 3 bedrooms homes went up by 50%, volume of 4 bedrooms homes went up by 40%, the quantity of 5 bedrooms homes have not changed. In November 2022 more than 0 listings in Countryside, IL were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 2 were sold below.

Related Housing Market Reports