Is East Dundee, 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, East Dundee has remained a Seller's Market.
Housing Prices in East Dundee, IL
How much do homes in East Dundee, IL cost?
Median Sold Price
$255,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in East Dundee was $255,000 in March 2024, up 8.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $51.5K | $57K | +10.7% |
2 Bedrooms | $211.7K | $195K | -7.9% |
3 Bedrooms | $269K | $285K | +5.9% |
4 Bedrooms | $325K | $350K | +7.7% |
5+ Bedrooms | $210K | $370K | +76.2% |
Summary: East Dundee housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.7%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 76.2%.
Median Sold Price Compared To Nearby Cities
Carpentersville | $231K | $251.4K | +8.9% |
Dundee Township | $252.9K | $275K | +8.7% |
East Dundee | $235K | $255K | +8.5% |
Barrington Township | $675.3K | $653.7K | -3.2% |
Barrington Hills | $986.2K | $860K | -12.8% |
Housing Supply in East Dundee, IL
How many homes are available in East Dundee, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Summary: The East Dundee real estate market had 10 homes for sale in March 2024, a 42.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 2 | 2 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Dundee housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in East Dundee in March 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for East Dundee, IL
How long does it take to sell a home in East Dundee, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
20 Days | 4 Days | -77.7% |
Summary: Homes in East Dundee had an average of 4 days on market in Mar 2024, down by 77.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in East Dundee; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.