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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisle Township is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Lisle Township, IL

How much do homes in Lisle Township, IL cost?

Median Sold Price

$400,573

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$7,971(+2.0%)

Key Takeaway

Homes in Lisle Township have sold for 2% more than they did a year ago.

Summary: The median home sold price in Lisle Township was $400,573 in March 2024, up 2% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $145K$156.5K
+7.9%
2 $189.6K$214.9K
+13.3%
3 $375K$391.5K
+4.4%
4 $517.9K$575K
+11.0%
5+ $657.5K$710K
+8.0%

Summary: Lisle Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

Naperville
+8.6%
Downers Grove
+4.1%
Lisle Township
+2.0%
Woodridge
+1.0%
Lisle
-4.6%

Housing Supply in Lisle Township, IL

How many homes are available in Lisle Township, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
244288+18.0%

Summary: The Lisle Township real estate market had 288 homes for sale in March 2024, a 18.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1923
+21.1%
2 5364
+20.8%
3 7078
+11.4%
4 7797
+26.0%
5+ 2526
+4.0%

Summary: The Lisle Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 26%, and 5+ bedroom homes increased by 4%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
7081+15.7%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

40 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisle Township, you could pay more than the asking price. 49.4% of homes here sold above asking price last month.

Summary: A total of 81 homes were sold or pending in Lisle Township in March 2024, up by 15.7% month-over-month. Of the 81 sold homes, 35% were sold under asking, 16% were sold at asking, and 49% were sold over asking.

Days on Market for Lisle Township, IL

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

Average Sale Time

Mar 2023Mar 2024CHANGE
23 Days30 Days+26.0%

Summary: Homes in Lisle Township had an average of 30 days on market in Mar 2024, up by 26% compared to last year.

Breakdown of Home Sale Times

60 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 81 homes were sold in Lisle Township; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% 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 20 Days Ago

Newest Listings in Lisle Township, IL

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What housing markets are near Lisle Township, IL?