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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maine Township is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Maine Township, IL cost?

Median Sold Price

$324,956

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$24,960(+8.3%)

Key Takeaway

Homes in Maine Township have sold for 8.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $118K$118K
0.0%
2 $199.9K$212.9K
+6.5%
3 $318.5K$345K
+8.3%
4 $429.6K$510K
+18.7%
5+ $520K$597.5K
+14.9%

Median Sold Price Compared To Nearby Cities

Des Plaines
+9.7%
Niles
+8.5%
Maine Township
+8.3%
Park Ridge
+4.6%

How many homes are available in Maine Township, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
821706-14.0%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 7870
-10.3%
2 259226
-12.7%
3 280237
-15.4%
4 136117
-14.0%
5+ 6856
-17.6%

Number of Homes Sold

Nov 2021Dec 2021%
200179-10.5%

Asking Price vs. Sold Price

119 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

35 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maine Township, you may be able to get a good deal. 66.5% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
29 Days30 Days+4.2%

Breakdown of Home Sale Times

119 Homes Were Sold
Under 30 Days

46 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

705 N Hamlin Ave, Park Ridge, IL 60068

705 N Hamlin Ave, Park Ridge, IL 60068

$339,000~$1,300/mo.*
3 Beds • 1 Bath1,201 SqFt
Jay Crowley#11309963Listing Office:
Coldwell Banker RealtyMLS logo
1470 Jefferson St Unit 303, Des Plaines, IL 60016

1470 Jefferson St Unit 303, Des Plaines, IL 60016

$165,000~$600/mo.*
1 Bed • 1 Bath
Jennifer Rabito#11309931Listing Office:
Berkshire Hathaway HomeServices ChicagoMLS logo
9078 W Heathwood Dr Unit 1G, Niles, IL 60714

9078 W Heathwood Dr Unit 1G, Niles, IL 60714

$249,000~$950/mo.*
3 Beds • 3 Baths1,600 SqFt
Ken Snedegar#11309900Listing Office:
Redfin CorporationMLS logo
1080 E Prairie Ave, Des Plaines, IL 60016

1080 E Prairie Ave, Des Plaines, IL 60016

$450,000~$1,700/mo.*
3 Beds • 2 Baths
Peter Cummins#11309760Listing Office:
@propertiesMLS logo
7528 Emerson St, Morton Grove, IL 60053

7528 Emerson St, Morton Grove, IL 60053

$315,000~$1,200/mo.*
3 Beds • 2 Baths1,073 SqFt
Amy Diamond#11255792Listing Office:
@propertiesMLS logo
1020 Arthur St, Park Ridge, IL 60068

1020 Arthur St, Park Ridge, IL 60068

$499,000~$1,900/mo.*
2 Beds • 2 Baths1,148 SqFt
Bryan Mercado#11309410Listing Office:
RE/MAX Properties NorthwestMLS logo
1016 Arthur St, Park Ridge, IL 60068

1016 Arthur St, Park Ridge, IL 60068

$1,499,000~$5,650/mo.*
Bryan Mercado#11309419Listing Office:
RE/MAX Properties NorthwestMLS logo
656 Pearson St Unit 205C, Des Plaines, IL 60016

656 Pearson St Unit 205C, Des Plaines, IL 60016

$269,900~$1,000/mo.*
2 Beds • 1 Bath1,147 SqFt
Frank Luchsinger#11309338Listing Office:
Infiniti Properties, Inc.MLS logo
8027 W Churchill Ave, Niles, IL 60714

8027 W Churchill Ave, Niles, IL 60714

$599,000~$2,250/mo.*
8 Beds • 5 Baths
Gregorio Cirone#11309313Listing Office:
Interdome RealtyMLS logo
9631 Brandy Ct Unit 7, Des Plaines, IL 60016

9631 Brandy Ct Unit 7, Des Plaines, IL 60016

$129,900~$500/mo.*
1 Bed • 1 Bath750 SqFt
Magda Antillon#11299740Listing Office:
Realty of Chicago LLCMLS logo
711 Busse Hwy Unit 2A, Park Ridge, IL 60068

711 Busse Hwy Unit 2A, Park Ridge, IL 60068

$145,000~$550/mo.*
1 Bed • 1 Bath750 SqFt
Joseph Pav#11309195Listing Office:
d'aprile propertiesMLS logo
1501 Orchard St, Des Plaines, IL 60018

1501 Orchard St, Des Plaines, IL 60018

$449,000~$1,700/mo.*
5 Beds • 2 Baths1,989 SqFt
William Farrell#11308982Listing Office:
RE/MAX SuburbanMLS logo

About Maine Township, IL

Maine Township, IL has 706 homes on the market. Between November 2021 and December 2021, Maine Township, IL real estate market has seen decrease in the number of listings by 14%. In December 2021 median list price was $324,956 and the average listing age was 30 days. Real estate listing prices changed between November 2021 and December 2021: the cost of 1 bedroom properties have not changed, the cost of 2 bedrooms properties went up by 6.5%, 3 bedrooms properties prices increased by 8.3%, prices of 4 bedrooms properties went up by 18.7%, 5 bedrooms properties became 14.9% more expensive. Volume of homes for sale changed: number of 1 bedroom homes decreased by 10.3%, 2 bedrooms homes became 12.7% less available, 3 bedrooms homes inventory decreased by 15.4%, number of 4 bedrooms homes decreased by 14%, 5 bedrooms homes became 17.6% less available. Over 35 listings were sold over their listed price in December 2021 in Maine Township, IL. In the same period over 119 listings were sold below the listed price and 25 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/24/2022, 12:15:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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