Is DuPage County, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, DuPage County has remained a Seller's Market.
Housing Prices in DuPage County, IL
How much do homes in DuPage County, IL cost?
Median Sold Price
$379,895
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in DuPage County was $379,895 in March 2024, up 5.5% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135.1K | $155K | +14.7% |
2 Bedrooms | $234.3K | $255K | +8.8% |
3 Bedrooms | $344.4K | $366.8K | +6.5% |
4 Bedrooms | $520.7K | $556.9K | +7.0% |
5+ Bedrooms | $709.2K | $797.3K | +12.4% |
Summary: DuPage County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.7%, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 12.4%.
Median Sold Price Compared To Nearby Counties
Kane County | $307.4K | $339.3K | +10.4% |
Will County | $304.8K | $325K | +6.6% |
DuPage County | $359.9K | $379.8K | +5.5% |
Cook County | $308.9K | $319.7K | +3.5% |
Housing Supply in DuPage County, IL
How many homes are available in DuPage County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2,071 | 2,542 | +22.7% |
Summary: The DuPage County real estate market had 2,542 homes for sale in March 2024, a 22.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 80 | 90 | +12.5% |
2 Bedrooms | 470 | 595 | +26.6% |
3 Bedrooms | 739 | 860 | +16.4% |
4 Bedrooms | 573 | 732 | +27.7% |
5+ Bedrooms | 209 | 265 | +26.8% |
Summary: The DuPage County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 26.6%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 27.7%, and 5+ bedroom homes increased by 26.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
521 | 721 | +38.4% |
Asking Price vs. Sold Price
291 Homes Were Sold
Under Asking
92 Homes Were Sold
At Asking
338 Homes Were Sold
Over Asking
Summary: A total of 721 homes were sold or pending in DuPage County in March 2024, up by 38.4% month-over-month. Of the 721 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.
Days on Market for DuPage County, IL
How long does it take to sell a home in DuPage County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 25 Days | -15.9% |
Summary: Homes in DuPage County had an average of 25 days on market in Mar 2024, down by 15.9% compared to last year.
Breakdown of Home Sale Times
561 Homes Were Sold
Under 30 Days
101 Homes Were Sold
In 30 - 90 Days
59 Homes Were Sold
Over 90 Days
Summary: During March 2024, 721 homes were sold in DuPage County; 78% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.