Is Sleepy Hollow, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sleepy Hollow is a buyer's market

Buyer's
Market

Difference Since January 2022

At the same time last year, Sleepy Hollow was a Seller's Market.

Key Takeaway

Sleepy Hollow is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Sleepy Hollow, IL cost?

Median Sold Price

$413,500

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$53,500(+14.9%)

Key Takeaway

Homes in Sleepy Hollow have sold for 14.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 --
N/A
2 $175K$187.5K
+7.1%
3 $310K$351.2K
+13.3%
4 $375K$418K
+11.5%
5+ $462.4K$496K
+7.3%

Median Sold Price Compared To Nearby Cities

Sleepy Hollow
+14.9%
West Dundee
+10.5%
Elgin
+9.5%
Dundee Township
+6.3%

How many homes are available in Sleepy Hollow, IL?

Number of Homes For Sale

Dec 2022Jan 2023%
910+11.1%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 67
+16.7%
5+ 00
0.0%

Number of Homes Sold

Dec 2022Jan 2023%
41-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sleepy Hollow, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
12 Days8 Days-36.8%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sleepy Hollow 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 Sleepy Hollow, IL

There are 10 homes are for sale in Sleepy Hollow, IL real estate market. The number of listings in Sleepy Hollow, IL increased by 11.1% between December 2022 and January 2023. In January 2023, listings were on the market for 8 days. During the same period, the median list price in this real estate market was $413,500. Real estate listing prices changed between December 2022 and January 2023: 1 bedroom properties became 0% more expensive, 2 bedrooms properties became 7.1% more expensive, 3 bedrooms properties prices increased by 13.3%, 4 bedrooms properties became 11.5% more expensive, prices of 5 bedrooms properties increased by 7.3%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes did not move, volume of 2 bedrooms homes stayed the same, 3 bedrooms homes did not move, volume of 4 bedrooms homes went up by 16.7%, 5 bedrooms homes did not move. Over 0 listings were sold over their listed price in January 2023 in Sleepy Hollow, IL. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price.

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