Is Streamwood, IL a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Streamwood is a seller's market


Difference Since August 2022

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

Key Takeaway

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

Housing Prices

How much do homes in Streamwood, IL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Streamwood have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Streamwood was $272,083 in August 2023, up 8.8% from last year, and the median price per square foot was $186.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $145K$149K
2 $200K$220K
3 $264.8K$286.4K
4 $330K$325K
5+ $349K$413.5K

Summary: Streamwood housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 8.2%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 18.5%.

Median Sold Price Compared To Nearby Cities

Hanover Park
Hanover Township
Hoffman Estates

Housing Supply

How many homes are available in Streamwood, IL?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Streamwood real estate market had 127 homes for sale in August 2023, a 9.9% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 21
2 2931
3 8368
4 2120
5+ 67

Summary: The Streamwood housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 6.9%, 3 bedroom homes decreased by 18.1%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

29 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Streamwood, you could pay more than the asking price. 70.7% of homes here sold above asking price last month.

Summary: A total of 41 homes were sold or pending in Streamwood in August 2023, down by 38.8% month-over-month. Of the 41 sold homes, 27% were sold under asking, 2% were sold at asking, and 71% were sold over asking.

Days on Market

How long does it take to sell a home in Streamwood, IL?

Average Sale Time

Aug 2022Aug 2023CHANGE
14 Days11 Days-15.2%

Summary: Homes in Streamwood had an average of 11 days on market in Aug 2023, down by 15.2% compared to last year.

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Streamwood are selling fast, if you're buying plan to act quickly.

Summary: During August 2023, 41 homes were sold in Streamwood; 90% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

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Nearby Markets

What housing markets are near Streamwood, IL?