Is Dundee Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dundee Township has remained a Seller's Market.
Housing Prices in Dundee Township, IL
How much do homes in Dundee Township, IL cost?
Median Sold Price
$279,912
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dundee Township was $279,912 in April 2024, up 10.8% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131K | $149.9K | +14.4% |
2 Bedrooms | $200K | $230K | +15.0% |
3 Bedrooms | $248.3K | $275K | +10.8% |
4 Bedrooms | $415K | $427.5K | +3.0% |
5+ Bedrooms | $482.4K | $497.4K | +3.1% |
Summary: Dundee Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
Sleepy Hollow | $410K | $455K | +11.0% |
Dundee Township | $252.6K | $279.9K | +10.8% |
Carpentersville | $231.6K | $255K | +10.1% |
East Dundee | $235.5K | $254.5K | +8.1% |
West Dundee | $360K | $357.5K | -0.7% |
Housing Supply in Dundee Township, IL
How many homes are available in Dundee Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
129 | 154 | +19.4% |
Summary: The Dundee Township real estate market had 154 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 26 | 31 | +19.2% |
3 Bedrooms | 51 | 61 | +19.6% |
4 Bedrooms | 35 | 47 | +34.3% |
5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Dundee Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 34.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
38 | 47 | +23.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Dundee Township in April 2024, up by 23.7% month-over-month. Of the 47 sold homes, 19% were sold under asking, 17% were sold at asking, and 64% were sold over asking.
Days on Market for Dundee Township, IL
How long does it take to sell a home in Dundee Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 19 Days | -20.2% |
Summary: Homes in Dundee Township had an average of 19 days on market in Apr 2024, down by 20.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Dundee Township; 83% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.