Is Lakeview East, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lakeview East has remained a Seller's Market.
Housing Prices in Lakeview East, IL
How much do homes in Lakeview East, IL cost?
Median Sold Price
$320,000
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lakeview East was $320,000 in April 2024, up 14.1% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $208.3K | $219.9K | +5.6% |
2 Bedrooms | $325K | $350K | +7.7% |
3 Bedrooms | $599.5K | $601K | 0.3% |
4 Bedrooms | $900K | $829.5K | -7.8% |
5+ Bedrooms | $1.3M | $1.8M | +41.5% |
Summary: Lakeview East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 0.3%, 4 bedroom homes decreased by 7.8%, and 5+ bedroom homes increased by 41.5%.
Median Sold Price Compared To Nearby Neighborhoods
Lakeview East | $280.3K | $320K | +14.1% |
Boystown | $455K | $506K | +11.2% |
Lake View | $439.3K | $473.7K | +7.8% |
Wrigleyville | $520K | $553.1K | +6.4% |
North Side | $546.3K | $580.5K | +6.3% |
Housing Supply in Lakeview East, IL
How many homes are available in Lakeview East, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
148 | 176 | +18.9% |
Summary: The Lakeview East real estate market had 176 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 58 | 65 | +12.1% |
2 Bedrooms | 49 | 69 | +40.8% |
3 Bedrooms | 32 | 30 | -6.3% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Lakeview East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 40.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 43 | +4.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Lakeview East in April 2024, up by 4.9% month-over-month. Of the 43 sold homes, 42% were sold under asking, 9% were sold at asking, and 49% were sold over asking.
Days on Market for Lakeview East, IL
How long does it take to sell a home in Lakeview East, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 17 Days | -45.4% |
Summary: Homes in Lakeview East had an average of 17 days on market in Apr 2024, down by 45.4% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in Lakeview East; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.