Is Darien, 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, Darien has remained a Seller's Market.
Housing Prices in Darien, IL
How much do homes in Darien, IL cost?
Median Sold Price
$396,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Darien was $396,000 in June 2024, up 16.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $130.5K | +16.5% |
2 Bedrooms | $270K | $296K | +9.6% |
3 Bedrooms | $347.7K | $399.4K | +14.9% |
4 Bedrooms | $460K | $499K | +8.5% |
5+ Bedrooms | $615K | $674.5K | +9.7% |
Summary: Darien housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 9.7%.
Median Sold Price Compared To Nearby Cities
Darien | $340.3K | $396K | +16.4% |
Downers Grove Township | $396.7K | $440.6K | +11.1% |
Willowbrook | $275K | $295K | +7.3% |
Westmont | $342K | $348.9K | +2.0% |
Woodridge | $346K | $350K | +1.2% |
Housing Supply in Darien, IL
How many homes are available in Darien, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
73 | 75 | +2.7% |
Summary: The Darien real estate market had 75 homes for sale in June 2024, a 2.7% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 22 | 19 | -13.6% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Darien housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 13.6%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
33 | 25 | -24.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Darien in June 2024, down by 24.2% month-over-month. Of the 25 sold homes, 16% were sold under asking, 16% were sold at asking, and 68% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
11 Days | 12 Days | +12.8% |
Summary: Homes in Darien had an average of 12 days on market in Jun 2024, up by 12.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During June 2024, 25 homes were sold in Darien; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.