Is Glenview, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenview is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Glenview has remained a Seller's Market.

Key Takeaway

Glenview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Glenview, IL

How much do homes in Glenview, IL cost?

Median Sold Price

$582,857

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,757(+0.8%)

Key Takeaway

Homes in Glenview have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Glenview was $582,857 in April 2024, up 0.8% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $165K$160.5K
-2.7%
2 $301.7K$285K
-5.6%
3 $510K$525K
+2.9%
4 $794.5K$826K
+4.0%
5+ $1.0M$1.3M
+23.8%

Summary: Glenview housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 23.8%.

Median Sold Price Compared To Nearby Cities

Northfield Township
+11.4%
Northbrook
+7.5%
Glenview
+0.8%
Northfield
-14.7%

Housing Supply in Glenview, IL

How many homes are available in Glenview, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
155186+20.0%

Summary: The Glenview real estate market had 186 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 52
-60.0%
2 2125
+19.0%
3 5765
+14.0%
4 4659
+28.3%
5+ 2635
+34.6%

Summary: The Glenview housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 28.3%, and 5+ bedroom homes increased by 34.6%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
4759+25.5%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenview, you could pay more than the asking price. 50.8% of homes here sold above asking price last month.

Summary: A total of 59 homes were sold or pending in Glenview in April 2024, up by 25.5% month-over-month. Of the 59 sold homes, 36% were sold under asking, 14% were sold at asking, and 51% were sold over asking.

Days on Market for Glenview, IL

How long does it take to sell a home in Glenview, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
20 Days16 Days-19.1%

Summary: Homes in Glenview had an average of 16 days on market in Apr 2024, down by 19.1% compared to last year.

Breakdown of Home Sale Times

49 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Glenview are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 59 homes were sold in Glenview; 83% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 11 Days Ago

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