Is Streamwood, 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, Streamwood has remained a Seller's Market.
Housing Prices in Streamwood, IL
How much do homes in Streamwood, IL cost?
Median Sold Price
$295,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Streamwood was $295,000 in April 2024, up 13.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $148.9K | $165K | +10.8% |
2 Bedrooms | $211.5K | $245K | +15.8% |
3 Bedrooms | $275K | $300K | +9.1% |
4 Bedrooms | $326K | $345K | +5.8% |
5+ Bedrooms | $437.5K | $365K | -16.6% |
Summary: Streamwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.8%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes decreased by 16.6%.
Median Sold Price Compared To Nearby Cities
Streamwood | $260K | $295K | +13.5% |
Hanover Township | $275K | $301.3K | +9.6% |
Hoffman Estates | $325K | $355K | +9.2% |
Bartlett | $348K | $375K | +7.8% |
Hanover Park | $275K | $281.6K | +2.4% |
Housing Supply in Streamwood, IL
How many homes are available in Streamwood, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 113 | +10.8% |
Summary: The Streamwood real estate market had 113 homes for sale in April 2024, a 10.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 29 | 27 | -6.9% |
3 Bedrooms | 50 | 63 | +26.0% |
4 Bedrooms | 16 | 17 | +6.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Streamwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 26%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 39 | 0.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in Streamwood in April 2024, the same as the previous month. Of the 39 sold homes, 18% were sold under asking, 18% were sold at asking, and 64% were sold over asking.
Days on Market for Streamwood, IL
How long does it take to sell a home in Streamwood, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 12 Days | +1.8% |
Summary: Homes in Streamwood had an average of 12 days on market in Apr 2024, up by 1.8% compared to last year.
Breakdown of Home Sale Times
36 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in Streamwood; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.