Is Lisle Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisle Township is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Lisle Township, IL

How much do homes in Lisle Township, IL cost?

Median Sold Price

$408,356

$222/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,158(+5.7%)

Key Takeaway

Homes in Lisle Township have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Lisle Township was $408,356 in April 2024, up 5.7% from last year, and the median price per square foot was $222.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $142.5K$159.5K
+11.9%
2 $190K$215K
+13.2%
3 $375K$397.2K
+5.9%
4 $515K$583.3K
+13.3%
5+ $655K$710K
+8.4%

Summary: Lisle Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 8.4%.

Median Sold Price Compared To Nearby Cities

Naperville
+8.9%
Lisle Township
+5.7%
Downers Grove
+5.6%
Woodridge
+1.5%
Lisle
-5.3%

Housing Supply in Lisle Township, IL

How many homes are available in Lisle Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
287357+24.4%

Summary: The Lisle Township real estate market had 357 homes for sale in April 2024, a 24.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 2222
0.0%
2 6469
+7.8%
3 76105
+38.2%
4 96125
+30.2%
5+ 2936
+24.1%

Summary: The Lisle Township 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 7.8%, 3 bedroom homes increased by 38.2%, 4 bedroom homes increased by 30.2%, and 5+ bedroom homes increased by 24.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
85111+30.6%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

58 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisle Township, you could pay more than the asking price. 52.3% of homes here sold above asking price last month.

Summary: A total of 111 homes were sold or pending in Lisle Township in April 2024, up by 30.6% month-over-month. Of the 111 sold homes, 31% were sold under asking, 17% were sold at asking, and 52% were sold over asking.

Days on Market for Lisle Township, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
19 Days12 Days-33.5%

Summary: Homes in Lisle Township had an average of 12 days on market in Apr 2024, down by 33.5% compared to last year.

Breakdown of Home Sale Times

98 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lisle Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 111 homes were sold in Lisle Township; 88% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 1% 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 Lisle Township, IL

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