Is Kendall County, 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, Kendall County has remained a Seller's Market.
Housing Prices in Kendall County, IL
How much do homes in Kendall County, IL cost?
Median Sold Price
$335,181
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kendall County was $335,181 in March 2024, up 11.6% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129.9K | $145K | +11.6% |
2 Bedrooms | $220.7K | $239.2K | +8.4% |
3 Bedrooms | $280K | $299.8K | +7.1% |
4 Bedrooms | $396K | $414.9K | +4.8% |
5+ Bedrooms | $439K | $477.5K | +8.8% |
Summary: Kendall County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.6%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 8.8%.
Median Sold Price Compared To Nearby Counties
Kendall County | $300.2K | $335.1K | +11.6% |
DeKalb County | $229.9K | $255.1K | +10.9% |
Kane County | $307.4K | $339.3K | +10.4% |
Will County | $304.8K | $325K | +6.6% |
DuPage County | $359.9K | $379.8K | +5.5% |
Housing Supply in Kendall County, IL
How many homes are available in Kendall County, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
369 | 414 | +12.2% |
Summary: The Kendall County real estate market had 414 homes for sale in March 2024, a 12.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 4 | -20.0% |
2 Bedrooms | 53 | 67 | +26.4% |
3 Bedrooms | 140 | 143 | +2.1% |
4 Bedrooms | 152 | 172 | +13.2% |
5+ Bedrooms | 19 | 28 | +47.4% |
Summary: The Kendall County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 26.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 47.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 119 | +36.8% |
Asking Price vs. Sold Price
40 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 119 homes were sold or pending in Kendall County in March 2024, up by 36.8% month-over-month. Of the 119 sold homes, 34% were sold under asking, 24% were sold at asking, and 42% were sold over asking.
Days on Market for Kendall County, IL
How long does it take to sell a home in Kendall County, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
28 Days | 27 Days | -1.4% |
Summary: Homes in Kendall County had an average of 27 days on market in Mar 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
82 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During March 2024, 119 homes were sold in Kendall County; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.