Is Hidden Lake Village, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hidden Lake Village is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Hidden Lake Village was a Seller's Market.

Key Takeaway

Hidden Lake Village is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hidden Lake Village, IL

How much do homes in Hidden Lake Village, IL cost?

Median Sold Price

$290,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$58,000(+25.0%)

Key Takeaway

Homes in Hidden Lake Village have sold for 25% more than they did a year ago.

Summary: The median home sold price in Hidden Lake Village was $290,000 in April 2024, up 25% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $227K$230K
+1.3%
3 $280K$310K
+10.7%
4 --
N/A
5+ --
N/A

Summary: Hidden Lake Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 10.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Hidden Lake Village
+25.0%
Highland Grove
+9.0%

Housing Supply in Hidden Lake Village, IL

How many homes are available in Hidden Lake Village, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36+100.0%

Summary: The Hidden Lake Village real estate market had 6 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 35
+66.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Hidden Lake Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hidden Lake Village, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Hidden Lake Village in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Hidden Lake Village, IL

How long does it take to sell a home in Hidden Lake Village, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
8 Days1 Day-88.1%

Summary: Homes in Hidden Lake Village had an average of 1 days on market in Apr 2024, down by 88.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 1 homes were sold in Hidden Lake Village; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

Newest Listings in Hidden Lake Village, IL

Nearby Markets to Hidden Lake Village, IL