Is Clarendon Hills, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Clarendon Hills has remained a Seller's Market.
Housing Prices in Clarendon Hills, IL
How much do homes in Clarendon Hills, IL cost?
Median Sold Price
$584,500
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Clarendon Hills was $584,500 in April 2024, down 0.9% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.9K | $140K | +16.7% |
2 Bedrooms | $251.2K | $325K | +29.4% |
3 Bedrooms | $455K | $427.5K | -6.0% |
4 Bedrooms | $905K | $824K | -9.0% |
5+ Bedrooms | $1.4M | $1.3M | -4.2% |
Summary: Clarendon Hills housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 29.4%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Cities
Hinsdale | $989.5K | $1.2M | +22.8% |
Downers Grove Township | $405K | $426.4K | +5.3% |
Westmont | $345K | $345K | 0.0% |
Clarendon Hills | $590K | $584.5K | -0.9% |
Housing Supply in Clarendon Hills, IL
How many homes are available in Clarendon Hills, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 51 | +37.8% |
Summary: The Clarendon Hills real estate market had 51 homes for sale in April 2024, a 37.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 12 | 17 | +41.7% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Clarendon Hills housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 16 | +128.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Clarendon Hills in April 2024, up by 128.6% month-over-month. Of the 16 sold homes, 31% were sold under asking, 25% were sold at asking, and 44% were sold over asking.
Days on Market for Clarendon Hills, IL
How long does it take to sell a home in Clarendon Hills, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 15 Days | -46.3% |
Summary: Homes in Clarendon Hills had an average of 15 days on market in Apr 2024, down by 46.3% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Clarendon Hills; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.