Is Long Grove, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Long Grove has remained a Seller's Market.
How much do homes in Long Grove, IL cost?
Median Sold Price
$750,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $495K | $485K | -2.0% |
3 Bedrooms | $580K | $620K | +6.9% |
4 Bedrooms | $700K | $744.5K | +6.4% |
5+ Bedrooms | $859.5K | $855.7K | -0.4% |
Median Sold Price Compared To Nearby Cities
Vernon Township | $410.1K | $456.8K | +11.4% |
Kildeer | $650K | $723K | +11.2% |
Vernon Hills | $345K | $375K | +8.7% |
Ela Township | $499.3K | $541.7K | +8.5% |
Long Grove | $715K | $750K | +4.9% |
How many homes are available in Long Grove, IL?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
21 | 22 | +4.8% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 9 | 6 | -33.3% |
5+ Bedrooms | 6 | 8 | +33.3% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
9 | 6 | -33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
5 Days | 14 Days | +152.9% |
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days