Is Saint Charles, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Saint Charles has remained a Seller's Market.
Housing Prices in Saint Charles, IL
How much do homes in Saint Charles, IL cost?
Median Sold Price
$389,450
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Saint Charles was $389,450 in February 2024, up 4.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $152K | -20.0% |
2 Bedrooms | $275.1K | $310K | +12.7% |
3 Bedrooms | $340K | $357.4K | +5.1% |
4 Bedrooms | $510K | $499K | -2.2% |
5+ Bedrooms | $644.5K | $632.5K | -1.9% |
Summary: Saint Charles housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
Geneva Township | $405K | $449.5K | +11.0% |
Geneva | $403K | $445K | +10.4% |
Saint Charles | $371.3K | $389.4K | +4.9% |
Saint Charles Township | $416.2K | $435K | +4.5% |
Housing Supply in Saint Charles, IL
How many homes are available in Saint Charles, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
57 | 82 | +43.9% |
Summary: The Saint Charles real estate market had 82 homes for sale in February 2024, a 43.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 14 | 19 | +35.7% |
3 Bedrooms | 18 | 30 | +66.7% |
4 Bedrooms | 20 | 31 | +55.0% |
5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Saint Charles housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 55%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Saint Charles in February 2024, down by 6.3% month-over-month. Of the 15 sold homes, 27% were sold under asking, 47% were sold at asking, and 27% were sold over asking.
Days on Market for Saint Charles, IL
How long does it take to sell a home in Saint Charles, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
22 Days | 44 Days | +98.4% |
Summary: Homes in Saint Charles had an average of 44 days on market in Feb 2024, up by 98.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During February 2024, 15 homes were sold in Saint Charles; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.