Is Warrenville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Warrenville has remained a Seller's Market.
Housing Prices in Warrenville, IL
How much do homes in Warrenville, IL cost?
Median Sold Price
$315,500
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Warrenville was $315,500 in June 2024, up 14.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $185K | 0.0% |
2 Bedrooms | $230.5K | $255K | +10.6% |
3 Bedrooms | $285K | $329.7K | +15.7% |
4 Bedrooms | $420K | $435K | +3.6% |
5+ Bedrooms | $550K | $680K | +23.6% |
Summary: Warrenville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 23.6%.
Median Sold Price Compared To Nearby Cities
Naperville Township | $412K | $499.6K | +21.3% |
Warrenville | $275.5K | $315.5K | +14.5% |
West Chicago | $330.5K | $372.5K | +12.7% |
Naperville | $501K | $560.2K | +11.8% |
Winfield Township | $320K | $346.9K | +8.4% |
Housing Supply in Warrenville, IL
How many homes are available in Warrenville, IL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
51 | 49 | -3.9% |
Summary: The Warrenville real estate market had 49 homes for sale in June 2024, a 3.9% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 11 | -21.4% |
3 Bedrooms | 26 | 24 | -7.7% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Warrenville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Warrenville in June 2024, down by 15.0% month-over-month. Of the 17 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Warrenville, IL
How long does it take to sell a home in Warrenville, IL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
8 Days | 10 Days | +15.8% |
Summary: Homes in Warrenville had an average of 10 days on market in Jun 2024, up by 15.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 17 homes were sold in Warrenville; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.