Is Kenilworth, 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, Kenilworth has remained a Seller's Market.
Housing Prices in Kenilworth, IL
How much do homes in Kenilworth, IL cost?
Median Sold Price
$1,600,000
$412/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Kenilworth was $1,600,000 in March 2024, down 18.3% from last year, and the median price per square foot was $412.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $420K | $490K | +16.7% |
3 Bedrooms | $1.0M | $848.2K | -16.8% |
4 Bedrooms | $1.5M | $1.4M | -1.9% |
5+ Bedrooms | $2.7M | $2.3M | -13.6% |
Summary: Kenilworth 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 increased by 16.7%, 3 bedroom homes decreased by 16.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Cities
Winnetka | $1.3M | $1.5M | +12.4% |
Wilmette | $759.2K | $841.2K | +10.8% |
New Trier Township | $990.7K | $1.0M | +4.6% |
Kenilworth | $1.9M | $1.6M | -18.3% |
Housing Supply in Kenilworth, IL
How many homes are available in Kenilworth, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Summary: The Kenilworth real estate market had 14 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 1 | 3 | +200.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Kenilworth 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 100%, 3 bedroom homes increased by 200%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Feb 2024 | Mar 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 Kenilworth in March 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 Kenilworth, IL
How long does it take to sell a home in Kenilworth, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
6 Days | 8 Days | +36.8% |
Summary: Homes in Kenilworth had an average of 8 days on market in Mar 2024, up by 36.8% compared to last year.
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 March 2024, 3 homes were sold in Kenilworth; 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.