Is Warrenville, 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, Warrenville has remained a Seller's Market.
Housing Prices in Warrenville, IL
How much do homes in Warrenville, IL cost?
Median Sold Price
$308,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warrenville was $308,000 in April 2024, up 10% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $185K | 0.0% |
2 Bedrooms | $225K | $253K | +12.4% |
3 Bedrooms | $290K | $315.2K | +8.7% |
4 Bedrooms | $437.5K | $435K | -0.6% |
5+ Bedrooms | $496.7K | $625.5K | +25.9% |
Summary: Warrenville 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 12.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 25.9%.
Median Sold Price Compared To Nearby Cities
Naperville Township | $381.5K | $490.5K | +28.6% |
West Chicago | $310K | $351.6K | +13.4% |
Winfield Township | $311.8K | $343.3K | +10.1% |
Warrenville | $280K | $308K | +10.0% |
Naperville | $506.4K | $551.6K | +8.9% |
Housing Supply in Warrenville, IL
How many homes are available in Warrenville, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 62 | +10.7% |
Summary: The Warrenville real estate market had 62 homes for sale in April 2024, a 10.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 19 | 0.0% |
3 Bedrooms | 26 | 30 | +15.4% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Warrenville 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 remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 25 | +19.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Warrenville in April 2024, up by 19.0% month-over-month. Of the 25 sold homes, 48% were sold under asking, 8% were sold at asking, and 44% were sold over asking.
Days on Market for Warrenville, IL
How long does it take to sell a home in Warrenville, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
12 Days | 17 Days | +39.5% |
Summary: Homes in Warrenville had an average of 17 days on market in Apr 2024, up by 39.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Warrenville; 88% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.