Is Glendale Heights, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Glendale Heights has remained a Seller's Market.
Housing Prices in Glendale Heights, IL
How much do homes in Glendale Heights, IL cost?
Median Sold Price
$252,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
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
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | $97K | $122K | +25.8% |
2 Bedrooms | $140.5K | $182K | +29.5% |
3 Bedrooms | $265.7K | $293.2K | +10.3% |
4 Bedrooms | $325K | $333.9K | +2.8% |
5+ Bedrooms | $325K | $315K | -3.1% |
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 | $335.2K | $359K | +7.1% |
Bloomingdale Township | $285K | $304.9K | +7.0% |
Milton Township | $394.4K | $420.3K | +6.5% |
Glendale Heights | $240K | $252K | +5.0% |
Carol Stream | $305.5K | $315K | +3.1% |
Housing Supply in Glendale Heights, IL
How many homes are available in Glendale Heights, IL?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
70 | 53 | -24.3% |
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
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 28 | 18 | -35.7% |
3 Bedrooms | 32 | 24 | -25.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 1 | 0.0% |
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 2023 | Nov 2023 | CHANGE |
---|---|---|
31 | 17 | -45.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
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 2022 | Nov 2023 | CHANGE |
---|---|---|
25 Days | 19 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
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.