Is Hunting Ridge, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Hunting Ridge has remained a Seller's Market.
Housing Prices in Hunting Ridge, IL
How much do homes in Hunting Ridge, IL cost?
Median Sold Price
$625,119
$218/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Hunting Ridge was $625,119 in April 2024, up 10.2% from last month, and the median price per square foot was $218.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | - | $725K | N/A |
4 Bedrooms | $567.5K | $552.5K | -2.6% |
5+ Bedrooms | - | - | N/A |
Summary: Hunting Ridge housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes did not change.
Housing Supply in Hunting Ridge, IL
How many homes are available in Hunting Ridge, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Summary: The Hunting Ridge real estate market had 5 homes for sale in April 2024, a 16.7% decrease 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 | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 4 | 2 | -50.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Hunting 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Hunting Ridge in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Hunting Ridge, IL
How long does it take to sell a home in Hunting Ridge, IL?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 Days | 6 Days | +11.1% |
Summary: Homes in Hunting Ridge had an average of 6 days on market in Apr 2024, up by 11.1% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Hunting Ridge; 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.