Is Du Page Township, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Du Page Township has remained a Seller's Market.
Housing Prices in Du Page Township, IL
How much do homes in Du Page Township, IL cost?
Median Sold Price
$318,300
$190/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Du Page Township was $318,300 in May 2024, up 9.7% from last year, and the median price per square foot was $190.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117.5K | $192K | +63.4% |
2 Bedrooms | $237.2K | $260K | +9.6% |
3 Bedrooms | $265.2K | $289.8K | +9.3% |
4 Bedrooms | $369.9K | $400K | +8.1% |
5+ Bedrooms | $350K | $457.5K | +30.7% |
Summary: Du Page Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.4%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 30.7%.
Median Sold Price Compared To Nearby Cities
Du Page Township | $290.2K | $318.3K | +9.7% |
Lisle Township | $384.8K | $416K | +8.1% |
Bolingbrook | $315K | $340K | +8.0% |
Romeoville | $260K | $280K | +7.7% |
Woodridge | $344.6K | $350K | +1.6% |
Housing Supply in Du Page Township, IL
How many homes are available in Du Page Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
230 | 271 | +17.8% |
Summary: The Du Page Township real estate market had 271 homes for sale in May 2024, a 17.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 27 | 33 | +22.2% |
3 Bedrooms | 109 | 133 | +22.0% |
4 Bedrooms | 78 | 86 | +10.3% |
5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Du Page Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 81 | +2.5% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in Du Page Township in May 2024, up by 2.5% month-over-month. Of the 81 sold homes, 27% were sold under asking, 11% were sold at asking, and 62% were sold over asking.
Days on Market for Du Page Township, IL
How long does it take to sell a home in Du Page Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 14 Days | -20.8% |
Summary: Homes in Du Page Township had an average of 14 days on market in May 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
71 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 81 homes were sold in Du Page 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.