Is Dupo, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dupo is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Dupo, IL

How much do homes in Dupo, IL cost?

Median Sold Price

$136,200

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$1,425(-1.0%)

Key Takeaway

Homes in Dupo have sold for 1% less than they did a year ago.

Summary: The median home sold price in Dupo was $136,200 in May 2024, down 1% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$108K
N/A
2 $86.2K$98.7K
+14.5%
3 $150K$172.2K
+14.8%
4 $147.5K$177.5K
+20.3%
5+ $169K$184K
+8.9%

Summary: Dupo housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Sugar Loaf Township
+6.4%
Columbia
+6.4%
Dupo
-1.0%

Housing Supply in Dupo, IL

How many homes are available in Dupo, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1012+20.0%

Summary: The Dupo real estate market had 12 homes for sale in May 2024, a 20.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 55
0.0%
3 44
0.0%
4 12
+100.0%
5+ 00
0.0%

Summary: The Dupo housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dupo, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dupo in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Dupo, IL

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

Average Sale Time

May 2023May 2024CHANGE
34 Days48 Days+40.8%

Summary: Homes in Dupo had an average of 48 days on market in May 2024, up by 40.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dupo has remained consistent over time.

Summary: During May 2024, 3 homes were sold in Dupo; 0% of homes were sold within 30 days, 100% 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 1 Day Ago

Newest Listings in Dupo, IL

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