Is High Ridge, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, High Ridge has remained a Seller's Market.
Housing Prices in High Ridge, IL
How much do homes in High Ridge, IL cost?
Median Sold Price
$297,500
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in High Ridge was $297,500 in April 2024, up 27.4% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127.5K | $160.5K | +25.9% |
2 Bedrooms | $204K | $187.7K | -8.0% |
3 Bedrooms | $266.5K | $380K | +42.6% |
4 Bedrooms | $474.9K | $405K | -14.7% |
5+ Bedrooms | $627.5K | $450K | -28.3% |
Summary: High Ridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.9%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 42.6%, 4 bedroom homes decreased by 14.7%, and 5+ bedroom homes decreased by 28.3%.
Median Sold Price Compared To Nearby Neighborhoods
High Ridge | $233.6K | $297.5K | +27.4% |
West Ridge | $212.1K | $239.3K | +12.8% |
Far North Side | $330.2K | $350.8K | +6.2% |
Edgewater | $245K | $260K | +6.1% |
Housing Supply in High Ridge, IL
How many homes are available in High Ridge, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 16 | +23.1% |
Summary: The High Ridge real estate market had 16 homes for sale in April 2024, a 23.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The High Ridge 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 decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in High Ridge in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.
Days on Market for High Ridge, IL
How long does it take to sell a home in High Ridge, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
101 Days | 27 Days | -72.9% |
Summary: Homes in High Ridge had an average of 27 days on market in Apr 2024, down by 72.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in High Ridge; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.