Is West Dundee, 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, West Dundee has remained a Seller's Market.
Housing Prices in West Dundee, IL
How much do homes in West Dundee, IL cost?
Median Sold Price
$357,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Dundee was $357,500 in April 2024, down 0.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | - | N/A |
2 Bedrooms | $238K | $277.4K | +16.6% |
3 Bedrooms | $292K | $316.2K | +8.3% |
4 Bedrooms | $420K | $439.9K | +4.7% |
5+ Bedrooms | $482.5K | $490K | +1.6% |
Summary: West Dundee 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 16.6%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
Sleepy Hollow | $410K | $455K | +11.0% |
Dundee Township | $252.6K | $279.9K | +10.8% |
Carpentersville | $231.6K | $255K | +10.1% |
East Dundee | $235.5K | $254.5K | +8.1% |
West Dundee | $360K | $357.5K | -0.7% |
Housing Supply in West Dundee, IL
How many homes are available in West Dundee, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Summary: The West Dundee real estate market had 27 homes for sale in April 2024, a 22.7% 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 | 3 | 5 | +66.7% |
3 Bedrooms | 7 | 5 | -28.6% |
4 Bedrooms | 7 | 12 | +71.4% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The West Dundee 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 66.7%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in West Dundee in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 0% were sold at asking, and 63% were sold over asking.
Days on Market for West Dundee, IL
How long does it take to sell a home in West Dundee, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 6 Days | -84.4% |
Summary: Homes in West Dundee had an average of 6 days on market in Apr 2024, down by 84.4% compared to last year.
Breakdown of Home Sale Times
8 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, 8 homes were sold in West Dundee; 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.