Is Green Oaks, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Green Oaks has remained a Seller's Market.
Housing Prices in Green Oaks, IL
How much do homes in Green Oaks, IL cost?
Median Sold Price
$725,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Green Oaks was $725,000 in March 2024, down 1.4% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $410K | $334.9K | -18.3% |
4 Bedrooms | $703.5K | $704.9K | 0.2% |
5+ Bedrooms | $923.5K | $937.5K | +1.5% |
Summary: Green Oaks housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 18.3%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
Libertyville | $473K | $545K | +15.2% |
North Chicago | $166.1K | $185K | +11.3% |
Libertyville Township | $410.6K | $441.4K | +7.5% |
Green Oaks | $735K | $725K | -1.4% |
Housing Supply in Green Oaks, IL
How many homes are available in Green Oaks, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Summary: The Green Oaks real estate market had 12 homes for sale in March 2024, a 50.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Green Oaks housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Green Oaks in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Green Oaks, IL
How long does it take to sell a home in Green Oaks, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
26 Days | 13 Days | -48.3% |
Summary: Homes in Green Oaks had an average of 13 days on market in Mar 2024, down by 48.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Green Oaks; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.