Is Glenview, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenview is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Glenview, IL

How much do homes in Glenview, IL cost?

Median Sold Price

$576,785

$269/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,214(-0.6%)

Key Takeaway

Homes in Glenview have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Glenview was $576,785 in March 2024, down 0.6% from last year, and the median price per square foot was $269.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $165K$159K
-3.6%
2 $300K$292.3K
-2.5%
3 $515K$500K
-2.9%
4 $825K$801.5K
-2.8%
5+ $1.0M$1.3M
+23.8%

Summary: Glenview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Cities

Northfield Township
+8.9%
Northbrook
+4.0%
Glenview
-0.6%
Northfield
-15.0%

Housing Supply in Glenview, IL

How many homes are available in Glenview, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
133157+18.0%

Summary: The Glenview real estate market had 157 homes for sale in March 2024, a 18.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 45
+25.0%
2 2322
-4.3%
3 4256
+33.3%
4 4149
+19.5%
5+ 2325
+8.7%

Summary: The Glenview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 19.5%, and 5+ bedroom homes increased by 8.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3645+25.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenview, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 45 homes were sold or pending in Glenview in March 2024, up by 25.0% month-over-month. Of the 45 sold homes, 40% were sold under asking, 16% were sold at asking, and 44% were sold over asking.

Days on Market for Glenview, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
36 Days27 Days-24.9%

Summary: Homes in Glenview had an average of 27 days on market in Mar 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 45 homes were sold in Glenview; 80% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 11% 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 18 Days Ago

Newest Listings in Glenview, IL

Nearby Markets to Glenview, IL

What housing markets are near Glenview, IL?