Is Norwood Park Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, Norwood Park Township was a Seller's Market.
How much do homes in Norwood Park Township, IL cost?
Median Sold Price
$357,930
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
Median Sold Price By Bedroom Count
# BEDS | Feb 2022 | Feb 2023 | % |
---|---|---|---|
1 Bedroom | $129.5K | $183K | +41.3% |
2 Bedrooms | $260K | $289.2K | +11.3% |
3 Bedrooms | $356.2K | $369K | +3.6% |
4 Bedrooms | $505K | $530K | +5.0% |
5+ Bedrooms | $480K | $565K | +17.7% |
Median Sold Price Compared To Nearby Cities
Park Ridge | $465.5K | $500K | +7.4% |
Harwood Heights | $320K | $330K | +3.1% |
Norwood Park Township | $350K | $357.9K | +2.3% |
Norridge | $342K | $350K | +2.3% |
Maine Township | $325K | $330.2K | +1.6% |
How many homes are available in Norwood Park Township, IL?
Number of Homes For Sale
Jan 2023 | Feb 2023 | % |
---|---|---|
59 | 68 | +15.3% |
Homes For Sale By Bedroom Count
# BEDS | Jan 2023 | Feb 2023 | % |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 35 | 36 | +2.9% |
4 Bedrooms | 8 | 15 | +87.5% |
5+ Bedrooms | 4 | 6 | +50.0% |
Number of Homes Sold
Jan 2023 | Feb 2023 | % |
---|---|---|
13 | 10 | -23.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Average Sale Time
Feb 2022 | Feb 2023 | % |
---|---|---|
29 Days | 77 Days | +163.6% |
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days