Is Warrenville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Warrenville was a Seller's Market.
Housing Prices in Warrenville, IL
How much do homes in Warrenville, IL cost?
Median Sold Price
$294,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Warrenville was $294,000 in February 2024, up 10.1% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | - | N/A |
2 Bedrooms | $228.7K | $251.5K | +9.9% |
3 Bedrooms | $285K | $310K | +8.8% |
4 Bedrooms | $465K | $410.7K | -11.7% |
5+ Bedrooms | $550K | $550K | 0.0% |
Summary: Warrenville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 11.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Naperville Township | $359.7K | $481.2K | +33.8% |
West Chicago | $300K | $350.3K | +16.8% |
Winfield Township | $307.6K | $344K | +11.8% |
Warrenville | $267K | $294K | +10.1% |
Naperville | $507.8K | $543.5K | +7.0% |
Housing Supply in Warrenville, IL
How many homes are available in Warrenville, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 38 | +52.0% |
Summary: The Warrenville real estate market had 38 homes for sale in February 2024, a 52.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 10 | 21 | +110.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Warrenville 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 remained the same, 3 bedroom homes increased by 110%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 4 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Warrenville in February 2024, down by 60.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 25% were sold at asking, and 75% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
25 Days | 17 Days | -29.5% |
Summary: Homes in Warrenville had an average of 17 days on market in Feb 2024, down by 29.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Warrenville; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.