Is Gilberts, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
Since last year, Gilberts has remained a Seller's Market.
How much do homes in Gilberts, IL cost?
Median Sold Price
$300,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $215K | $235.2K | +9.4% |
3 Bedrooms | $242.5K | $285K | +17.6% |
4 Bedrooms | $366K | $415K | +13.4% |
5+ Bedrooms | $400K | $535K | +33.8% |
Median Sold Price Compared To Nearby Cities
Gilberts | $260K | $300K | +15.4% |
Rutland Township | $261.5K | $299.9K | +14.7% |
West Dundee | $330K | $375K | +13.6% |
Elgin | $240.5K | $265K | +10.2% |
Dundee Township | $235.2K | $250K | +6.3% |
How many homes are available in Gilberts, IL?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
22 | 21 | -4.5% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
14 Days | 9 Days | -39.7% |
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days