Is Yorkville, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Yorkville has remained a Seller's Market.
Housing Prices in Yorkville, IL
How much do homes in Yorkville, IL cost?
Median Sold Price
$369,772
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Yorkville was $369,772 in March 2024, up 23.8% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $133K | $149.9K | +12.7% |
2 Bedrooms | $234.9K | $245K | +4.3% |
3 Bedrooms | $280.1K | $319.9K | +14.2% |
4 Bedrooms | $397.4K | $419.9K | +5.7% |
5+ Bedrooms | $440.6K | $535.6K | +21.5% |
Summary: Yorkville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 14.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 21.5%.
Median Sold Price Compared To Nearby Cities
Yorkville | $298.6K | $369.7K | +23.8% |
Kendall Township | $330K | $406K | +23.0% |
Bristol Township | $314.4K | $340.1K | +8.1% |
Oswego | $352.2K | $367.1K | +4.2% |
Housing Supply in Yorkville, IL
How many homes are available in Yorkville, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
154 | 169 | +9.7% |
Summary: The Yorkville real estate market had 169 homes for sale in March 2024, a 9.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 19 | 26 | +36.8% |
3 Bedrooms | 43 | 35 | -18.6% |
4 Bedrooms | 83 | 97 | +16.9% |
5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Yorkville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 36.8%, 3 bedroom homes decreased by 18.6%, 4 bedroom homes increased by 16.9%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
34 | 37 | +8.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Yorkville in March 2024, up by 8.8% month-over-month. Of the 37 sold homes, 27% were sold under asking, 32% were sold at asking, and 41% were sold over asking.
Days on Market for Yorkville, IL
How long does it take to sell a home in Yorkville, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
35 Days | 28 Days | -19.7% |
Summary: Homes in Yorkville had an average of 28 days on market in Mar 2024, down by 19.7% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in Yorkville; 68% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.