Is Huntley, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Huntley has remained a Seller's Market.
Housing Prices in Huntley, IL
How much do homes in Huntley, IL cost?
Median Sold Price
$350,000
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Huntley was $350,000 in March 2024, up 1.4% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220K | $235K | +6.8% |
2 Bedrooms | $315K | $315K | 0.0% |
3 Bedrooms | $345K | $368K | +6.7% |
4 Bedrooms | $441K | $455K | +3.2% |
5+ Bedrooms | $500K | $529.9K | +6.0% |
Summary: Huntley housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.8%, 2 bedroom homes did not change, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
Rutland Township | $298.2K | $315K | +5.6% |
Grafton Township | $360K | $375.1K | +4.2% |
Lake in the Hills | $306.1K | $313.3K | +2.4% |
Huntley | $345K | $350K | +1.4% |
Coral Township | $430K | $415K | -3.5% |
Housing Supply in Huntley, IL
How many homes are available in Huntley, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
119 | 151 | +26.9% |
Summary: The Huntley real estate market had 151 homes for sale in March 2024, a 26.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 62 | 80 | +29.0% |
3 Bedrooms | 24 | 33 | +37.5% |
4 Bedrooms | 29 | 32 | +10.3% |
5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Huntley housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 29%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 44 | +76.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Huntley in March 2024, up by 76.0% month-over-month. Of the 44 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.
Days on Market for Huntley, IL
How long does it take to sell a home in Huntley, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
33 Days | 37 Days | +11.9% |
Summary: Homes in Huntley had an average of 37 days on market in Mar 2024, up by 11.9% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 44 homes were sold in Huntley; 61% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.