Is Du Page Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Du Page Township is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Du Page Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Du Page Township, IL

How much do homes in Du Page Township, IL cost?

Median Sold Price

$310,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,254(+7.0%)

Key Takeaway

Homes in Du Page Township have sold for 7% more than they did a year ago.

Summary: The median home sold price in Du Page Township was $310,000 in March 2024, up 7% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $117.5K$192K
+63.4%
2 $237K$255K
+7.6%
3 $260K$283.3K
+9.0%
4 $368K$393K
+6.8%
5+ $345K$460K
+33.3%

Summary: Du Page Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.4%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 33.3%.

Median Sold Price Compared To Nearby Cities

Romeoville
+7.2%
Du Page Township
+7.0%
Bolingbrook
+4.8%
Lisle Township
+2.0%
Woodridge
+1.0%

Housing Supply in Du Page Township, IL

How many homes are available in Du Page Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
190211+11.1%

Summary: The Du Page Township real estate market had 211 homes for sale in March 2024, a 11.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 2423
-4.2%
3 91104
+14.3%
4 6174
+21.3%
5+ 1310
-23.1%

Summary: The Du Page Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes decreased by 23.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5765+14.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

37 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Du Page Township, you could pay more than the asking price. 56.9% of homes here sold above asking price last month.

Summary: A total of 65 homes were sold or pending in Du Page Township in March 2024, up by 14.0% month-over-month. Of the 65 sold homes, 23% were sold under asking, 20% were sold at asking, and 57% were sold over asking.

Days on Market for Du Page Township, IL

How long does it take to sell a home in Du Page Township, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days18 Days-37.2%

Summary: Homes in Du Page Township had an average of 18 days on market in Mar 2024, down by 37.2% compared to last year.

Breakdown of Home Sale Times

54 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 65 homes were sold in Du Page Township; 83% of homes were sold within 30 days, 12% 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 22 Days Ago

Newest Listings in Du Page Township, IL

Nearby Markets to Du Page Township, IL

What housing markets are near Du Page Township, IL?