Is Maple Park, 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, Maple Park has remained a Seller's Market.
Housing Prices in Maple Park, IL
How much do homes in Maple Park, IL cost?
Median Sold Price
$399,900
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Maple Park was $399,900 in April 2024, up 49.2% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $195.5K | $196.1K | 0.3% |
3 Bedrooms | $272.5K | $376.9K | +38.3% |
4 Bedrooms | $352K | $430K | +22.2% |
5+ Bedrooms | $407K | $682K | +67.6% |
Summary: Maple Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 38.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 67.6%.
Median Sold Price Compared To Nearby Cities
Virgil Township | $207K | $370K | +78.7% |
Maple Park | $242K | $362.5K | +49.8% |
Maple Park | $268K | $399.9K | +49.2% |
Housing Supply in Maple Park, IL
How many homes are available in Maple Park, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 18 | +12.5% |
Summary: The Maple Park real estate market had 18 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 4 | +300.0% |
3 Bedrooms | 7 | 8 | +14.3% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Maple Park 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 300%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Maple Park in April 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Maple Park, IL
How long does it take to sell a home in Maple Park, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 10 Days | -36.3% |
Summary: Homes in Maple Park had an average of 10 days on market in Apr 2024, down by 36.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in Maple Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.