Is La Grange, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Grange is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, La Grange has remained a Seller's Market.

Key Takeaway

La Grange is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in La Grange, IL cost?

Median Sold Price

$493,333

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$48,333(+10.9%)

Key Takeaway

Homes in La Grange have sold for 10.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $145.5K$148.5K
+2.1%
2 $175.5K$188.7K
+7.5%
3 $432.5K$450.5K
+4.2%
4 $599K$625K
+4.3%
5+ $727.5K$775K
+6.5%

Median Sold Price Compared To Nearby Cities

Countryside
+39.1%
La Grange
+10.9%
Western Springs
+7.7%
La Grange Park
-1.1%

How many homes are available in La Grange, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
10497-6.7%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 21
-50.0%
2 2523
-8.0%
3 3230
-6.3%
4 3026
-13.3%
5+ 1517
+13.3%

Number of Homes Sold

Nov 2021Dec 2021%
2330+30.4%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Grange, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
35 Days20 Days-42.4%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About La Grange, IL

Homes for sale in La Grange, IL have reached 97. The number of homes for sale in La Grange, IL decreased by 6.7% between November 2021 and December 2021. While the average time on the market in December 2021 was 20 days, the median list price was $493,333. Real estate listing prices changed between November 2021 and December 2021: prices of 1 bedroom properties went up by 2.1%, prices of 2 bedrooms properties went up by 7.5%, prices of 3 bedrooms properties increased by 4.2%, 4 bedrooms properties prices increased by 4.3%, prices of 5 bedrooms properties increased by 6.5%. This housing market inventory have changed: 1 bedroom homes became 50% less available, the quantity of 2 bedrooms homes went down by 8%, volume of 3 bedrooms homes went down by 6.3%, number of 4 bedrooms homes decreased by 13.3%, 5 bedrooms homes became 13.3% more available. Over 5 listings were sold over their listed price in December 2021 in La Grange, IL. In the same period over 24 listings were sold below the listed price and 1 listings were sold for the listed price.

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