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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northfield Township is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Northfield Township, IL cost?

Median Sold Price

$546,929

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$31,919(+6.2%)

Key Takeaway

Homes in Northfield Township have sold for 6.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $120K$137.7K
+14.8%
2 $250K$270.5K
+8.2%
3 $450.3K$481.8K
+7.0%
4 $665K$728.3K
+9.5%
5+ $923.1K$1.0M
+12.7%

Median Sold Price Compared To Nearby Cities

Northfield
+21.3%
Northbrook
+9.4%
Glenview
+8.7%
Northfield Township
+6.2%

How many homes are available in Northfield Township, IL?

Number of Homes For Sale

Apr 2022May 2022%
630697+10.6%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 1313
0.0%
2 118138
+16.9%
3 208217
+4.3%
4 180202
+12.2%
5+ 111127
+14.4%

Number of Homes Sold

Apr 2022May 2022%
133142+6.8%

Asking Price vs. Sold Price

64 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

60 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northfield Township, you may be able to get a good deal. 45.1% of homes here sold below asking price last month.

Average Sale Time

May 2021May 2022%
43 Days20 Days-53.1%

Breakdown of Home Sale Times

117 Homes Were Sold
Under 30 Days

18 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northfield 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.

New

1720 Pickwick Ln, Glenview, IL 60026

1720 Pickwick Ln, Glenview, IL 60026

$269,900
1,412 SqFt
2 Bedrooms
~$1,300/mo.*2 Full Baths, 1 Partial
Inna Gashpar#11440565
Listing Office:
CompassMLS logo

New

2818 Dundee Rd Unit 10A, Northbrook, IL 60062

2818 Dundee Rd Unit 10A, Northbrook, IL 60062

$129,900
 
1 Bedroom
~$600/mo.*1 Full Bath
Dorota Dynak#11447867
Listing Office:
Coldwell Banker RealtyMLS logo

New

1621 Mission Hills Rd Unit N208, Northbrook, IL 60062

1621 Mission Hills Rd Unit N208, Northbrook, IL 60062

$397,900
2,279 SqFt
3 Bedrooms
~$1,900/mo.*3 Full Baths
Michael Cell#11439543
Listing Office:
@properties Christie's International Real EstateMLS logo

New

Address Not Disclosed, Northbrook, IL 60062

Address Not Disclosed, Northbrook, IL 60062

$680,000
2,050 SqFt
4 Bedrooms
~$3,200/mo.*3 Full Baths
Zofia Pysz#11441973
Listing Office:
Coldwell Banker RealtyMLS logo

New

2217 Cherry Ln, Northbrook, IL 60062

2217 Cherry Ln, Northbrook, IL 60062

$599,000
2,100 SqFt
5 Bedrooms
~$2,850/mo.*2 Full Baths, 1 Partial
Allison Harris#11412538
Listing Office:
Berkshire Hathaway HomeServices ChicagoMLS logo

New

1150 White Mountain Dr, Northbrook, IL 60062

1150 White Mountain Dr, Northbrook, IL 60062

$750,000
3,096 SqFt
4 Bedrooms
~$3,550/mo.*2 Full Baths, 1 Partial
Anne Hardy#11446844
Listing Office:
Coldwell Banker RealtyMLS logo

New

2529 Walters Ave, Northbrook, IL 60062

2529 Walters Ave, Northbrook, IL 60062

$399,999
2,277 SqFt
3 Bedrooms
~$1,900/mo.*1 Full Bath
Maria Karis#11390693
Listing Office:
Coldwell Banker RealtyMLS logo

New

1039 Sussex Dr, Northbrook, IL 60062

1039 Sussex Dr, Northbrook, IL 60062

$330,000
1,900 SqFt
3 Bedrooms
~$1,550/mo.*2 Full Baths, 1 Partial
Lisa Wolf#11446450
Listing Office:
Keller Williams North Shore WestMLS logo

New

2561 Joshua Ln, Northbrook, IL 60062

2561 Joshua Ln, Northbrook, IL 60062

$788,000
3,600 SqFt
4 Bedrooms
~$3,750/mo.*2 Full Baths, 2 Partial
Melinda Chen#11431714
Listing Office:
RE/MAX Top PerformersMLS logo

New

7 The Court Of Island Pt, Northbrook, IL 60062

7 The Court Of Island Pt, Northbrook, IL 60062

$499,000
2,619 SqFt
3 Bedrooms
~$2,350/mo.*2 Full Baths, 1 Partial
Kati Spaniak#11446313
Listing Office:
eXp Realty, LLCMLS logo

New

3080 Koepke Rd, Northbrook, IL 60062

3080 Koepke Rd, Northbrook, IL 60062

$849,900
2,934 SqFt
4 Bedrooms
~$4,000/mo.*4 Full Baths
Annette Plocienniczak#11446292
Listing Office:
Coldwell Banker RealtyMLS logo

New

2616 Prince St, Northbrook, IL 60062

2616 Prince St, Northbrook, IL 60062

$1,199,000
4,659 SqFt
6 Bedrooms
~$5,650/mo.*4 Full Baths, 1 Partial
Nick Tanev#11379947
Listing Office:
Venat Properties LLCMLS logo

About Northfield Township, IL

Northfield Township, IL has 697 homes for sale to choose from. In May 2022 in Northfield Township, IL there were 10.6% more homes for sale than in April 2022. While the average time on the market in May 2022 was 20 days, the median list price was $546,929. This housing market listing prices have changed between April 2022 and May 2022: prices of 1 bedroom properties increased by 14.8%, prices of 2 bedrooms properties went up by 8.2%, the cost of 3 bedrooms properties went up by 7%, the cost of 4 bedrooms properties went up by 9.5%, the cost of 5 bedrooms properties went up by 12.7%. This housing market inventory have changed: 1 bedroom homes inventory did not change, volume of 2 bedrooms homes went up by 16.9%, 3 bedrooms homes inventory increased by 4.3%, number of 4 bedrooms homes increased by 12.2%, 5 bedrooms homes became 14.4% more available. Over 60 listings were sold over their listed price in May 2022 in Northfield Township, IL. In the same period over 64 listings were sold below the listed price and 18 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 06/01/2020 - 06/01/2022

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: 6/28/2022, 12:15:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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