Is Streamwood, 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, Streamwood has remained a Seller's Market.
Housing Prices in Streamwood, IL
How much do homes in Streamwood, IL cost?
Median Sold Price
$289,333
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Streamwood was $289,333 in February 2024, up 11.3% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149K | $155.5K | +4.4% |
2 Bedrooms | $210K | $239.9K | +14.3% |
3 Bedrooms | $275K | $295.7K | +7.5% |
4 Bedrooms | $335K | $330K | -1.5% |
5+ Bedrooms | $377.5K | $362K | -4.1% |
Summary: Streamwood housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 4.1%.
Median Sold Price Compared To Nearby Cities
Streamwood | $260K | $289.3K | +11.3% |
Hanover Park | $265K | $290K | +9.4% |
Hoffman Estates | $325K | $351.3K | +8.1% |
Hanover Township | $277.8K | $299.5K | +7.8% |
Bartlett | $350K | $365K | +4.3% |
Housing Supply in Streamwood, IL
How many homes are available in Streamwood, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
92 | 101 | +9.8% |
Summary: The Streamwood real estate market had 101 homes for sale in February 2024, a 9.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 19 | 23 | +21.1% |
3 Bedrooms | 47 | 49 | +4.3% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Streamwood housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
26 | 39 | +50.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Streamwood in February 2024, up by 50.0% month-over-month. Of the 39 sold homes, 38% were sold under asking, 26% were sold at asking, and 36% were sold over asking.
Days on Market for Streamwood, IL
How long does it take to sell a home in Streamwood, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 27 Days | -31.6% |
Summary: Homes in Streamwood had an average of 27 days on market in Feb 2024, down by 31.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 39 homes were sold in Streamwood; 67% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.