Is Glen Ellyn, 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, Glen Ellyn has remained a Seller's Market.
Housing Prices in Glen Ellyn, IL
How much do homes in Glen Ellyn, IL cost?
Median Sold Price
$464,250
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Glen Ellyn was $464,250 in April 2024, up 3.5% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151K | $156.2K | +3.5% |
2 Bedrooms | $211.7K | $270K | +27.5% |
3 Bedrooms | $430K | $411.7K | -4.2% |
4 Bedrooms | $642.5K | $657K | +2.3% |
5+ Bedrooms | $900K | $945.4K | +5.1% |
Summary: Glen Ellyn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 27.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 5.1%.
Median Sold Price Compared To Nearby Cities
Wheaton | $384.2K | $425.6K | +10.8% |
Milton Township | $400.5K | $428.8K | +7.1% |
Lombard | $304.7K | $326K | +7.0% |
Glen Ellyn | $448.7K | $464.2K | +3.5% |
York Township | $365K | $375K | +2.7% |
Housing Supply in Glen Ellyn, IL
How many homes are available in Glen Ellyn, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
107 | 128 | +19.6% |
Summary: The Glen Ellyn real estate market had 128 homes for sale in April 2024, a 19.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 34 | 49 | +44.1% |
4 Bedrooms | 38 | 44 | +15.8% |
5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The Glen Ellyn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 44.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 45 | +21.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Glen Ellyn in April 2024, up by 21.6% month-over-month. Of the 45 sold homes, 29% were sold under asking, 11% were sold at asking, and 60% were sold over asking.
Days on Market for Glen Ellyn, IL
How long does it take to sell a home in Glen Ellyn, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 14 Days | -39.8% |
Summary: Homes in Glen Ellyn had an average of 14 days on market in Apr 2024, down by 39.8% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Glen Ellyn; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.