Is Kendall Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall Township is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Kendall Township 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 Kendall Township, IL

How much do homes in Kendall Township, IL cost?

Median Sold Price

$406,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$76,000(+23.0%)

Key Takeaway

Homes in Kendall Township have sold for 23% more than they did a year ago.

Summary: The median home sold price in Kendall Township was $406,000 in March 2024, up 23% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $257.4K$249.9K
-2.9%
3 $283.5K$337K
+18.9%
4 $405K$429.9K
+6.1%
5+ $465K$589.9K
+26.9%

Summary: Kendall Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.9%, 3 bedroom homes increased by 18.9%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 26.9%.

Median Sold Price Compared To Nearby Cities

Yorkville
+23.8%
Kendall Township
+23.0%
Bristol Township
+8.1%
Na-Au-Say Township
+5.8%
Fox Township
-2.7%

Housing Supply in Kendall Township, IL

How many homes are available in Kendall Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
5754-5.3%

Summary: The Kendall Township real estate market had 54 homes for sale in March 2024, a 5.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1510
-33.3%
4 3437
+8.8%
5+ 11
0.0%

Summary: The Kendall Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall Township, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Kendall Township in March 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% were sold over asking.

Days on Market for Kendall Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
38 Days40 Days+5.0%

Summary: Homes in Kendall Township had an average of 40 days on market in Mar 2024, up by 5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 9 homes were sold in Kendall Township; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% 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 19 Days Ago

Newest Listings in Kendall Township, IL

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