Is Schiller Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Schiller Park was a Buyer's Market.
Key Takeaway
Schiller Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Schiller Park, NY
How much do homes in Schiller Park, NY cost?
Median Sold Price
$127,100
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Schiller Park have sold for 21% more than they did a year ago.
Summary: The median home sold price in Schiller Park was $127,100 in April 2024, up 21% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $30K | $120K | +300.0% |
| 3 Bedrooms | $107.5K | $112.5K | +4.7% |
| 4 Bedrooms | $105.5K | $105K | -0.5% |
| 5+ Bedrooms | $101.2K | $156.5K | +54.6% |
Summary: Schiller Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes increased by 54.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Schiller Park | $105K | $127.1K | +21.0% |
| Kenfield | $127K | $143.5K | +13.0% |
| Genesee Moselle | $117.5K | $112.5K | -4.3% |
Housing Supply in Schiller Park, NY
How many homes are available in Schiller Park, NY?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Summary: The Schiller Park real estate market had 26 homes for sale in April 2024, a 13.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 6 | 7 | +16.7% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 4 | 9 | +125.0% |
Summary: The Schiller Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 125%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Schiller Park, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Schiller Park in April 2024, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Schiller Park, NY
How long does it take to sell a home in Schiller Park, NY?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 10 Days | 22 Days | +109.5% |
Summary: Homes in Schiller Park had an average of 22 days on market in Apr 2024, up by 109.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Schiller Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Schiller Park; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
