Is Sauganash, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sauganash has remained a Seller's Market.
Housing Prices in Sauganash, IL
How much do homes in Sauganash, IL cost?
Median Sold Price
$593,000
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sauganash was $593,000 in April 2024, up 18.6% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $240K | $259K | +7.9% |
2 Bedrooms | $332.5K | $317.5K | -4.5% |
3 Bedrooms | $550.2K | $559K | +1.6% |
4 Bedrooms | $751.2K | $781.5K | +4.0% |
5+ Bedrooms | $917K | $625K | -31.8% |
Summary: Sauganash housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.9%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 31.8%.
Median Sold Price Compared To Nearby Neighborhoods
Sauganash | $500K | $593K | +18.6% |
Forest Glen | $496K | $560K | +12.9% |
Far North Side | $330.2K | $350.8K | +6.2% |
North Park | $392.5K | $389K | -0.9% |
Crawford-Peterson | $475K | $463K | -2.5% |
Housing Supply in Sauganash, IL
How many homes are available in Sauganash, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Summary: The Sauganash real estate market had 15 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Sauganash housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 5 | -16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Sauganash in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Sauganash, IL
How long does it take to sell a home in Sauganash, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 6 Days | -63.8% |
Summary: Homes in Sauganash had an average of 6 days on market in Apr 2024, down by 63.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Sauganash; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.