Is Glendale Heights, 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, Glendale Heights has remained a Seller's Market.
Housing Prices in Glendale Heights, IL
How much do homes in Glendale Heights, IL cost?
Median Sold Price
$270,666
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Glendale Heights was $270,666 in April 2024, up 8.3% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $101.5K | $125.5K | +23.6% |
2 Bedrooms | $160K | $186K | +16.3% |
3 Bedrooms | $275K | $299.9K | +9.1% |
4 Bedrooms | $325K | $360K | +10.8% |
5+ Bedrooms | $290K | $315K | +8.6% |
Summary: Glendale Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Bloomingdale Township | $290K | $315K | +8.6% |
Glendale Heights | $249.9K | $270.6K | +8.3% |
Carol Stream | $305.1K | $330K | +8.2% |
Milton Township | $400.5K | $428.8K | +7.1% |
Bloomingdale | $335K | $350.9K | +4.8% |
Housing Supply in Glendale Heights, IL
How many homes are available in Glendale Heights, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 65 | +14.0% |
Summary: The Glendale Heights real estate market had 65 homes for sale in April 2024, a 14.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 28 | 28 | 0.0% |
3 Bedrooms | 19 | 20 | +5.3% |
4 Bedrooms | 10 | 16 | +60.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Glendale Heights 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 27 | +68.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Glendale Heights in April 2024, up by 68.8% month-over-month. Of the 27 sold homes, 22% were sold under asking, 7% were sold at asking, and 70% were sold over asking.
Days on Market for Glendale Heights, IL
How long does it take to sell a home in Glendale Heights, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 9 Days | -67.4% |
Summary: Homes in Glendale Heights had an average of 9 days on market in Apr 2024, down by 67.4% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Glendale Heights; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.