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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warrenville is a seller's market

Buyer's
Market

Difference Since November 2021

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

Key Takeaway

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

How much do homes in Warrenville, IL cost?

Median Sold Price

$267,500

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$19,800(+8.0%)

Key Takeaway

Homes in Warrenville have sold for 8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $225K$177.5K
-21.1%
2 $196K$230K
+17.3%
3 $255K$285K
+11.8%
4 $405K$457.5K
+13.0%
5+ $448.5K$507K
+13.0%

Median Sold Price Compared To Nearby Cities

Naperville
+10.0%
Naperville Township
+8.1%
Warrenville
+8.0%
Winfield Township
+6.7%
West Chicago
+1.7%

How many homes are available in Warrenville, IL?

Number of Homes For Sale

Oct 2022Nov 2022%
4133-19.5%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 11
0.0%
2 1510
-33.3%
3 1211
-8.3%
4 109
-10.0%
5+ 32
-33.3%

Number of Homes Sold

Oct 2022Nov 2022%
1613-18.8%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warrenville, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
12 Days12 Days-2.3%

Breakdown of Home Sale Times

13 Homes Were 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 Warrenville 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 Warrenville, IL

Number of homes for sale in Warrenville, IL real estate market have reached 33. Between October 2022 and November 2022, Warrenville, IL real estate market has seen decrease in the number of listings by 19.5%. Listings spent 12 days on the market in November 2022, and had a median list price of $267,500 during the same period. This housing market listing prices have changed between October 2022 and November 2022: prices of 1 bedroom properties decreased by 21.1%, 2 bedrooms properties became 17.3% more expensive, prices of 3 bedrooms properties increased by 11.8%, the cost of 4 bedrooms properties went up by 13%, prices of 5 bedrooms properties went up by 13%. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 33.3%, 3 bedrooms homes became 8.3% less available, number of 4 bedrooms homes decreased by 10%, 5 bedrooms homes became 33.3% less available. Over 2 listings were sold over their listed price in November 2022 in Warrenville, IL. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price.

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