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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dundee Township is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Dundee Township, IL cost?

Median Sold Price

$250,145

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$17,275(+7.4%)

Key Takeaway

Homes in Dundee Township have sold for 7.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $107.5K$130K
+20.9%
2 $175K$197K
+12.6%
3 $224.2K$246K
+9.7%
4 $348.6K$395.8K
+13.5%
5+ $413K$482.4K
+16.8%

Median Sold Price Compared To Nearby Cities

Sleepy Hollow
+19.9%
Carpentersville
+15.0%
West Dundee
+11.3%
Dundee Township
+7.4%
East Dundee
+1.1%

How many homes are available in Dundee Township, IL?

Number of Homes For Sale

Sep 2022Oct 2022%
228201-11.8%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 33
0.0%
2 4945
-8.2%
3 8774
-14.9%
4 7266
-8.3%
5+ 1713
-23.5%

Number of Homes Sold

Sep 2022Oct 2022%
8073-8.8%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dundee Township, you may be able to get a good deal. 42.5% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
19 Days18 Days-8.6%

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dundee Township 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 Dundee Township, IL

Dundee Township, IL has 201 homes on the market. The number of listings in Dundee Township, IL decreased by 11.8% between September 2022 and October 2022. While the average time on the market in October 2022 was 18 days, the median list price was $250,145. Listing prices have changed in this real estate market between September 2022 and October 2022: prices of 1 bedroom properties went up by 20.9%, prices of 2 bedrooms properties increased by 12.6%, prices of 3 bedrooms properties increased by 9.7%, the cost of 4 bedrooms properties went up by 13.5%, the cost of 5 bedrooms properties went up by 16.8%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes became 8.2% less available, volume of 3 bedrooms homes went down by 14.9%, 4 bedrooms homes became 8.3% less available, the quantity of 5 bedrooms homes went down by 23.5%. Dundee Township, IL housing market in October 2022 saw over 29 listings sold above listed price, more than 13 sold at listed price and over 31 sold below.

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