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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisle is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Lisle, IL

How much do homes in Lisle, IL cost?

Median Sold Price

$340,016

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$19,983(-5.6%)

Key Takeaway

Homes in Lisle have sold for 5.6% less than they did a year ago.

Summary: The median home sold price in Lisle was $340,016 in February 2024, down 5.6% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $122.5K$170K
+38.8%
2 $212.5K$220K
+3.5%
3 $359K$365K
+1.7%
4 $518K$550K
+6.2%
5+ $602.5K$704.9K
+17.0%

Summary: Lisle housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.8%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 17%.

Median Sold Price Compared To Nearby Cities

Wheaton
+9.8%
Milton Township
+5.7%
Downers Grove
+2.4%
Lisle Township
+1.0%
Lisle
-5.6%

Housing Supply in Lisle, IL

How many homes are available in Lisle, IL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
6069+15.0%

Summary: The Lisle real estate market had 69 homes for sale in February 2024, a 15.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 89
+12.5%
2 1718
+5.9%
3 2019
-5.0%
4 1118
+63.6%
5+ 45
+25.0%

Summary: The Lisle housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 5.9%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 63.6%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1622+37.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisle, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Lisle in February 2024, up by 37.5% month-over-month. Of the 22 sold homes, 45% were sold under asking, 23% were sold at asking, and 32% were sold over asking.

Days on Market for Lisle, IL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
44 Days25 Days-42.3%

Summary: Homes in Lisle had an average of 25 days on market in Feb 2024, down by 42.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 22 homes were sold in Lisle; 82% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 14% 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 3 Days Ago

Newest Listings in Lisle, IL

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