Is Carol Stream, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carol Stream is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Carol Stream, IL

How much do homes in Carol Stream, IL cost?

Median Sold Price

$330,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$24,875(+8.2%)

Key Takeaway

Homes in Carol Stream have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in Carol Stream was $330,000 in April 2024, up 8.2% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $128.7K$150K
+16.5%
2 $230K$240K
+4.3%
3 $309.2K$331.1K
+7.1%
4 $390K$431.7K
+10.7%
5+ $585K$504K
-13.8%

Summary: Carol Stream housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.5%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes decreased by 13.8%.

Median Sold Price Compared To Nearby Cities

Wheaton
+10.8%
Bloomingdale Township
+8.6%
Glendale Heights
+8.3%
Carol Stream
+8.2%
Bloomingdale
+4.8%

Housing Supply in Carol Stream, IL

How many homes are available in Carol Stream, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8477-8.3%

Summary: The Carol Stream real estate market had 77 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 2320
-13.0%
3 3428
-17.6%
4 2325
+8.7%
5+ 12
+100.0%

Summary: The Carol Stream housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 13%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3821-44.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carol Stream, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Carol Stream in April 2024, down by 44.7% month-over-month. Of the 21 sold homes, 24% were sold under asking, 5% were sold at asking, and 71% were sold over asking.

Days on Market for Carol Stream, IL

How long does it take to sell a home in Carol Stream, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days7 Days-64.1%

Summary: Homes in Carol Stream had an average of 7 days on market in Apr 2024, down by 64.1% compared to last year.

Breakdown of Home Sale Times

21 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 Carol Stream are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 21 homes were sold in Carol Stream; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in Carol Stream, IL

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