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

Housing Market Conditions



Gauge showing Hinsdale is a neutral's market


Difference Since November 2022

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

Key Takeaway

Hinsdale 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 Hinsdale, IL

How much do homes in Hinsdale, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Hinsdale have sold for 6% more than they did a year ago.

Summary: The median home sold price in Hinsdale was $1,060,000 in November 2023, up 6% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
2 $405K$309K
3 $685K$700K
4 $1.0M$987K
5+ $1.6M$1.6M

Summary: Hinsdale housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Indian Head Park
Western Springs
Burr Ridge

Housing Supply in Hinsdale, IL

How many homes are available in Hinsdale, IL?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Hinsdale real estate market had 73 homes for sale in November 2023, a 2.8% increase compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 35
3 1618
4 2423
5+ 2827

Summary: The Hinsdale housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Hinsdale in November 2023, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.

Days on Market for Hinsdale, IL

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

Average Sale Time

Nov 2022Nov 2023CHANGE
45 Days69 Days+51.1%

Summary: Homes in Hinsdale had an average of 69 days on market in Nov 2023, up by 51.1% compared to last year.

Breakdown of Home Sale Times

7 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.

Summary: During November 2023, 12 homes were sold in Hinsdale; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 1 Day Ago

Newest Listings in Hinsdale, IL

Nearby Markets to Hinsdale, IL

What housing markets are near Hinsdale, IL?