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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenilworth is a buyer's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

Kenilworth is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Kenilworth, IL cost?

Median Sold Price

$1,850,000

$427/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$430,000(+30.3%)

Key Takeaway

Homes in Kenilworth have sold for 30.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 --
N/A
2 --
N/A
3 $765.7K$784K
+2.4%
4 $1.1M$1.4M
+26.5%
5+ $1.9M$2.5M
+28.8%

Median Sold Price Compared To Nearby Cities

Kenilworth
+30.3%
Winnetka
+12.1%
New Trier Township
+5.3%
Wilmette
-4.2%

How many homes are available in Kenilworth, IL?

Number of Homes For Sale

Jun 2022Jul 2022%
3226-18.8%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 00
0.0%
2 11
0.0%
3 31
-66.7%
4 65
-16.7%
5+ 2219
-13.6%

Number of Homes Sold

Jun 2022Jul 2022%
132-84.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kenilworth, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jul 2021Jul 2022%
22 Days16 Days-26.4%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Kenilworth, IL

Kenilworth, IL has 26 homes for sale to choose from. The inventory of homes for sale in Kenilworth, IL between June 2022 and July 2022 decreased by 18.8%. The median list price of listings available in July 2022 was $1,850,000, while the average time on the real estate market was 16 days. Listing prices have changed in this real estate market between June 2022 and July 2022: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties prices increased by 0%, prices of 3 bedrooms properties went up by 2.4%, the cost of 4 bedrooms properties went up by 26.5%, the cost of 5 bedrooms properties went up by 28.8%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes became 66.7% less available, number of 4 bedrooms homes decreased by 16.7%, 5 bedrooms homes inventory decreased by 13.6%. In July 2022, from all listings sold in Kenilworth, IL there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price.

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