Is Leyden Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leyden Township is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Leyden Township has remained a Seller's Market.

Key Takeaway

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

How much do homes in Leyden Township, IL cost?

Median Sold Price

$279,970

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$13,341(+5.0%)

Key Takeaway

Homes in Leyden Township have sold for 5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $98K$107K
+9.2%
2 $200K$220K
+10.0%
3 $279.9K$300K
+7.2%
4 $315.9K$335K
+6.0%
5+ $382.5K$420.8K
+10.0%

Median Sold Price Compared To Nearby Cities

Schiller Park
+8.4%
Franklin Park
+5.8%
Leyden Township
+5.0%
Norridge
+2.2%
River Grove
+1.0%

How many homes are available in Leyden Township, IL?

Number of Homes For Sale

Aug 2022Sep 2022%
335354+5.7%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 2822
-21.4%
2 95102
+7.4%
3 129139
+7.8%
4 5353
0.0%
5+ 3038
+26.7%

Number of Homes Sold

Aug 2022Sep 2022%
9571-25.3%

Asking Price vs. Sold Price

43 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leyden Township, you may be able to get a good deal. 60.6% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
21 Days28 Days+31.6%

Breakdown of Home Sale Times

52 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Leyden Township, IL

Leyden Township, IL has 354 homes for sale to choose from. The number of listings in Leyden Township, IL increased by 5.7% between August 2022 and September 2022. In September 2022, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $279,970. This housing market listing prices have changed between August 2022 and September 2022: 1 bedroom properties became 9.2% more expensive, the cost of 2 bedrooms properties went up by 10%, prices of 3 bedrooms properties increased by 7.2%, 4 bedrooms properties became 6% more expensive, prices of 5 bedrooms properties increased by 10%. This housing market inventory have changed: number of 1 bedroom homes decreased by 21.4%, 2 bedrooms homes became 7.4% more available, the quantity of 3 bedrooms homes went up by 7.8%, the quantity of 4 bedrooms homes have not changed, volume of 5 bedrooms homes went up by 26.7%. In September 2022, from all listings sold in Leyden Township, IL there were more than 18 sold above asking price, over 43 sold below and more than 10 were sold right at the asked price.

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