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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hinsdale is a buyer's market

Buyer's
Market

Difference Since October 2021

At the same time last year, Hinsdale was a Seller's Market.

Key Takeaway

Hinsdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Hinsdale, IL cost?

Median Sold Price

$999,333

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$99,333(+11.0%)

Key Takeaway

Homes in Hinsdale have sold for 11% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 $375K$381K
+1.6%
2 $385K$434.9K
+13.0%
3 $575K$685K
+19.1%
4 $875K$1.0M
+19.4%
5+ $1.5M$1.6M
+10.0%

Median Sold Price Compared To Nearby Cities

Hinsdale
+11.0%
Westmont
+4.0%
Western Springs
+3.8%
Indian Head Park
+1.7%
Clarendon Hills
-9.9%

How many homes are available in Hinsdale, IL?

Number of Homes For Sale

Sep 2022Oct 2022%
9698+2.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 98
-11.1%
3 2522
-12.0%
4 2926
-10.3%
5+ 3342
+27.3%

Number of Homes Sold

Sep 2022Oct 2022%
2511-56.0%

Asking Price vs. Sold Price

10 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 Hinsdale, you may be able to get a good deal. 90.9% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
45 Days47 Days+4.4%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Hinsdale, IL

There are 98 homes are for sale in Hinsdale, IL real estate market. The number of homes for sale in Hinsdale, IL increased by 2.1% between September 2022 and October 2022. Listings spent 47 days on the market in October 2022, and had a median list price of $999,333 during the same period. Real estate listing prices changed between September 2022 and October 2022: 1 bedroom properties prices increased by 1.6%, 2 bedrooms properties became 13% more expensive, prices of 3 bedrooms properties went up by 19.1%, prices of 4 bedrooms properties went up by 19.4%, 5 bedrooms properties prices increased by 10%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes stayed the same, 2 bedrooms homes became 11.1% less available, volume of 3 bedrooms homes went down by 12%, volume of 4 bedrooms homes went down by 10.3%, 5 bedrooms homes became 27.3% more available. In October 2022 more than 1 listings in Hinsdale, IL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 10 were sold below.

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