Is Saint Charles, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Saint Charles is a seller's market

Buyer's
Market

Difference Since November 2021

Since last year, Saint Charles has remained a Seller's Market.

Key Takeaway

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

How much do homes in Saint Charles, IL cost?

Median Sold Price

$369,987

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$36,862(+11.1%)

Key Takeaway

Homes in Saint Charles have sold for 11.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $180K$195K
+8.3%
2 $250K$277K
+10.8%
3 $291.5K$332.9K
+14.2%
4 $415K$500K
+20.5%
5+ $596.5K$640K
+7.3%

Median Sold Price Compared To Nearby Cities

Wayne
+11.9%
Saint Charles
+11.1%
Geneva
+9.5%
Saint Charles Township
+8.4%
Geneva Township
+8.3%

How many homes are available in Saint Charles, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
116101-12.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 21
-50.0%
2 1717
0.0%
3 4940
-18.4%
4 3731
-16.2%
5+ 1112
+9.1%

Number of Homes Sold

Oct 2022Nov 2022%
3932-17.9%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Saint Charles, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
16 Days17 Days+3.3%

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Saint Charles 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.

About Saint Charles, IL

Saint Charles, IL has 101 homes for sale to choose from. The number of listings in Saint Charles, IL decreased by 12.9% between October 2022 and November 2022. The median list price of listings available in November 2022 was $369,987, while the average time on the real estate market was 17 days. From October 2022 through November 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 8.3%, 2 bedrooms properties prices increased by 10.8%, prices of 3 bedrooms properties went up by 14.2%, the cost of 4 bedrooms properties went up by 20.5%, 5 bedrooms properties became 7.3% more expensive. This housing market inventory have changed: 1 bedroom homes inventory decreased by 50%, 2 bedrooms homes inventory did not change, the quantity of 3 bedrooms homes went down by 18.4%, 4 bedrooms homes became 16.2% less available, 5 bedrooms homes became 9.1% more available. In November 2022, from all listings sold in Saint Charles, IL there were more than 12 sold above asking price, over 14 sold below and more than 6 were sold right at the asked price.

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