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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Darien is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Darien, IL

How much do homes in Darien, IL cost?

Median Sold Price

$430,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$60,833(+16.5%)

Key Takeaway

Homes in Darien have sold for 16.5% more than they did a year ago.

Summary: The median home sold price in Darien was $430,000 in December 2024, up 16.5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $126K$140K
+11.1%
2 $272.5K$299.7K
+10.0%
3 $385K$420K
+9.1%
4 $480K$545.5K
+13.6%
5+ $650K$700K
+7.7%

Summary: Darien housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Cities

Darien
+16.5%
Willowbrook
+16.2%
Downers Grove Township
+15.7%
Westmont
+11.8%
Woodridge
+7.9%

Housing Supply in Darien, IL

How many homes are available in Darien, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
7357-21.9%

Summary: The Darien real estate market had 57 homes for sale in December 2024, a 21.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1714
-17.6%
3 3021
-30.0%
4 1512
-20.0%
5+ 1110
-9.1%

Summary: The Darien housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.6%, 3 bedroom homes decreased by 30%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2822-21.4%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Darien, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Darien in December 2024, down by 21.4% month-over-month. Of the 22 sold homes, 59% were sold under asking, 14% were sold at asking, and 27% were sold over asking.

Days on Market for Darien, IL

How long does it take to sell a home in Darien, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
11 Days25 Days+123.0%

Summary: Homes in Darien had an average of 25 days on market in Dec 2024, up by 123% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 22 homes were sold in Darien; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

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

Report Updated 15 Days Ago

Newest Listings in Darien, IL

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