Is Glendale Heights, IL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Glendale Heights is a seller's market


Difference Since November 2022

Since last year, Glendale Heights has remained a Seller's Market.

Key Takeaway

Glendale Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glendale Heights, IL

How much do homes in Glendale Heights, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Glendale Heights have sold for 5% more than they did a year ago.

Summary: The median home sold price in Glendale Heights was $252,000 in November 2023, up 5% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $97K$122K
2 $140.5K$182K
3 $265.7K$293.2K
4 $325K$333.9K
5+ $325K$315K

Summary: Glendale Heights housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 25.8%, 2 bedroom homes increased by 29.5%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 3.1%.

Median Sold Price Compared To Nearby Cities

Bloomingdale Township
Milton Township
Glendale Heights
Carol Stream

Housing Supply in Glendale Heights, IL

How many homes are available in Glendale Heights, IL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Glendale Heights real estate market had 53 homes for sale in November 2023, a 24.3% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 21
2 2818
3 3224
4 79
5+ 11

Summary: The Glendale Heights housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glendale Heights, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Glendale Heights in November 2023, down by 45.2% month-over-month. Of the 17 sold homes, 41% were sold under asking, 18% were sold at asking, and 41% were sold over asking.

Days on Market for Glendale Heights, IL

How long does it take to sell a home in Glendale Heights, IL?

Average Sale Time

Nov 2022Nov 2023CHANGE
25 Days19 Days-23.5%

Summary: Homes in Glendale Heights had an average of 19 days on market in Nov 2023, down by 23.5% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glendale Heights are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 17 homes were sold in Glendale Heights; 82% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Glendale Heights, IL

Nearby Markets to Glendale Heights, IL

What housing markets are near Glendale Heights, IL?