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.

325 E Franklin Ave, La Grange, IL 60525

325 E Franklin Ave, La Grange, IL 60525

$549,700~$2,050/mo.*
3 Beds • 3 Baths2,072 SqFt
Catherine Bier#11306813Listing Office:
CompassMLS logo
326 E Franklin Ave, La Grange, IL 60525

326 E Franklin Ave, La Grange, IL 60525

$374,900~$1,400/mo.*
3 Beds • 2 Baths2,080 SqFt
Jacqueline Colando#11302607Listing Office:
Redfin CorporationMLS logo
418 Bluff Ave, La Grange, IL 60525

418 Bluff Ave, La Grange, IL 60525

$580,000~$2,200/mo.*
3 Beds • 4 Baths2,518 SqFt
William Goldberg#11307085Listing Office:
Fulton Grace RealtyMLS logo
1003 8th Ave Unit 10, La Grange, IL 60525

1003 8th Ave Unit 10, La Grange, IL 60525

$143,900~$550/mo.*
2 Beds • 1 Bath900 SqFt
Mireida Escobedo#11305740Listing Office:
HomeSmart Realty GroupMLS logo
307 W Harris Ave Unit Bb, La Grange, IL 60525

307 W Harris Ave Unit Bb, La Grange, IL 60525

$185,000~$700/mo.*
1 Bed • 1 Bath
Beth Tischler#11305571Listing Office:
Baird & WarnerMLS logo
614 S Ashland Ave, La Grange, IL 60525

614 S Ashland Ave, La Grange, IL 60525

$775,000~$2,900/mo.*
5 Beds • 3 Baths3,036 SqFt
Frank Lardino#11305422Listing Office:
Keller Williams Preferred RealtyMLS logo
1 N Beacon Pl Unit 208, La Grange, IL 60525

1 N Beacon Pl Unit 208, La Grange, IL 60525

$369,000~$1,400/mo.*
2 Beds • 2 Baths1,543 SqFt
Gina Mikuta#11304210Listing Office:
Avenue 1 Realty GroupMLS logo
62 N Malden Ave, La Grange, IL 60525

62 N Malden Ave, La Grange, IL 60525

$399,000~$1,500/mo.*
3 Beds • 2 Baths1,921 SqFt
Carol Walsh Rosentreter#11294820Listing Office:
Re/Max PropertiesMLS logo
412 S Kensington Ave, La Grange, IL 60525

412 S Kensington Ave, La Grange, IL 60525

$749,900~$2,800/mo.*
4 Beds • 3 Baths2,607 SqFt
Catherine Bier#11301433Listing Office:
CompassMLS logo
839 S Catherine Ave, La Grange, IL 60525

839 S Catherine Ave, La Grange, IL 60525

$499,900~$1,900/mo.*
5 Beds • 2 Baths1,928 SqFt
Gary Lee#11302707Listing Office:
@propertiesMLS logo
410 S Stone Ave, La Grange, IL 60525

410 S Stone Ave, La Grange, IL 60525

$699,000~$2,650/mo.*
4 Beds • 4 Baths2,725 SqFt
Stacie Heintze#11282035Listing Office:
Nola Armento RealtyMLS logo
408 E Maple Ave, La Grange, IL 60525

408 E Maple Ave, La Grange, IL 60525

$600,000~$2,250/mo.*
5 Beds • 2 Baths2,018 SqFt
Kristen Rosentreter#11214651Listing Office:
Re/Max PropertiesMLS logo

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.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/23/2022, 11:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Related Housing Market Reports