Is Sugar Grove, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Grove is a seller's market

Buyer's
Market

Difference Since December 2020

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

Key Takeaway

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

How much do homes in Sugar Grove, IL cost?

Median Sold Price

$344,600

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$44,850(+15.0%)

Key Takeaway

Homes in Sugar Grove have sold for 15% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 -$340K
N/A
2 $196.3K$218.5K
+11.3%
3 $237K$298K
+25.7%
4 $336K$392.5K
+16.8%
5+ $357K$380K
+6.4%

Median Sold Price Compared To Nearby Cities

Sugar Grove Township
+19.6%
Sugar Grove
+15.0%
Aurora
+11.8%

How many homes are available in Sugar Grove, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
5138-25.5%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 00
0.0%
2 107
-30.0%
3 1913
-31.6%
4 1513
-13.3%
5+ 75
-28.6%

Number of Homes Sold

Nov 2021Dec 2021%
2012-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugar Grove, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
58 Days27 Days-53.6%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

About Sugar Grove, IL

Sugar Grove, IL has 38 homes for sale to choose from. Between November 2021 and December 2021, Sugar Grove, IL real estate market has seen decrease in the number of listings by 25.5%. In December 2021, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $344,600. From November 2021 through December 2021, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices increased by 11.3%, 3 bedrooms properties prices increased by 25.7%, prices of 4 bedrooms properties increased by 16.8%, the cost of 5 bedrooms properties went up by 6.4%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, number of 2 bedrooms homes decreased by 30%, 3 bedrooms homes inventory decreased by 31.6%, the quantity of 4 bedrooms homes went down by 13.3%, number of 5 bedrooms homes decreased by 28.6%. In December 2021 more than 4 listings in Sugar Grove, IL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 4 were sold below.

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