Is Darien, 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, Darien has remained a Seller's Market.
Housing Prices in Darien, IL
How much do homes in Darien, IL cost?
Median Sold Price
$390,000
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Darien was $390,000 in April 2024, up 14.9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112K | $126K | +12.5% |
2 Bedrooms | $270K | $295.5K | +9.4% |
3 Bedrooms | $340K | $397K | +16.8% |
4 Bedrooms | $440K | $498.6K | +13.3% |
5+ Bedrooms | $649.9K | $650K | 0.0% |
Summary: Darien housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Darien | $339.3K | $390K | +14.9% |
Willowbrook | $265K | $300K | +13.2% |
Downers Grove Township | $405K | $426.4K | +5.3% |
Woodridge | $344.5K | $349.8K | +1.5% |
Westmont | $345K | $345K | 0.0% |
Housing Supply in Darien, IL
How many homes are available in Darien, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 73 | +14.1% |
Summary: The Darien real estate market had 73 homes for sale in April 2024, a 14.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 15 | 18 | +20.0% |
3 Bedrooms | 23 | 23 | 0.0% |
4 Bedrooms | 22 | 26 | +18.2% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Darien 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 increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Darien in April 2024, up by 20.0% month-over-month. Of the 24 sold homes, 33% were sold under asking, 29% were sold at asking, and 38% were sold over asking.
Days on Market for Darien, IL
How long does it take to sell a home in Darien, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 25 Days | +5.0% |
Summary: Homes in Darien had an average of 25 days on market in Apr 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Darien; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.