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 November 2021

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.

How much do homes in Darien, IL cost?

Median Sold Price

$356,666

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$11,666(+3.4%)

Key Takeaway

Homes in Darien have sold for 3.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $95K$105K
+10.5%
2 $225K$270K
+20.0%
3 $333.7K$349.9K
+4.9%
4 $425K$439.5K
+3.4%
5+ $575K$649.9K
+13.0%

Median Sold Price Compared To Nearby Cities

Woodridge
+10.5%
Westmont
+8.6%
Darien
+3.4%
Downers Grove Township
+3.4%
Willowbrook
-12.4%

How many homes are available in Darien, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
8178-3.7%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 01
+100.0%
2 2124
+14.3%
3 3228
-12.5%
4 2219
-13.6%
5+ 66
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
2619-26.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 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. 63.2% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
13 Days17 Days+33.7%

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

2 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.

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

About Darien, IL

Darien, IL has 78 homes on the market. The number of homes for sale in Darien, IL decreased by 3.7% between October 2022 and November 2022. Listings spent 17 days on the market in November 2022, and had a median list price of $356,666 during the same period. Between October 2022 and November 2022, listing prices of homes in this real estate market have seen the following changes: the cost of 1 bedroom properties went up by 10.5%, prices of 2 bedrooms properties went up by 20%, 3 bedrooms properties became 4.9% more expensive, prices of 4 bedrooms properties went up by 3.4%, 5 bedrooms properties prices increased by 13%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went up by 100%, the quantity of 2 bedrooms homes went up by 14.3%, number of 3 bedrooms homes decreased by 12.5%, number of 4 bedrooms homes decreased by 13.6%, the quantity of 5 bedrooms homes have not changed. Over 5 listings were sold over their listed price in November 2022 in Darien, IL. In the same period over 12 listings were sold below the listed price and 2 listings were sold for the listed price.

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