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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kildeer is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Kildeer was a Neutral Market.

Key Takeaway

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

Housing Prices in Kildeer, IL

How much do homes in Kildeer, IL cost?

Median Sold Price

$910,000

$235/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$185,000(+25.5%)

Key Takeaway

Homes in Kildeer have sold for 25.5% more than they did a year ago.

Summary: The median home sold price in Kildeer was $910,000 in March 2024, up 25.5% from last year, and the median price per square foot was $235.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 -$599.9K
N/A
3 $640.2K$575K
-10.2%
4 $735K$910K
+23.8%
5+ $767.5K$958K
+24.8%

Summary: Kildeer 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 did not change, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 23.8%, and 5+ bedroom homes increased by 24.8%.

Median Sold Price Compared To Nearby Cities

Kildeer
+25.5%
Lake Zurich
+9.3%
Long Grove
+5.6%
Ela Township
0.4%
Deer Park
-1.4%

Housing Supply in Kildeer, IL

How many homes are available in Kildeer, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1927+42.1%

Summary: The Kildeer real estate market had 27 homes for sale in March 2024, a 42.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 67
+16.7%
4 1013
+30.0%
5+ 36
+100.0%

Summary: The Kildeer 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 increased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kildeer, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Kildeer in March 2024, up by 200.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Kildeer, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
28 Days47 Days+69.0%

Summary: Homes in Kildeer had an average of 47 days on market in Mar 2024, up by 69% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 3 homes were sold in Kildeer; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 15 Days Ago

Newest Listings in Kildeer, IL

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