Is Grundy County, 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, Grundy County has remained a Seller's Market.
Housing Prices in Grundy County, IL
How much do homes in Grundy County, IL cost?
Median Sold Price
$259,975
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grundy County was $259,975 in April 2024, up 4.6% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $82.4K | N/A |
2 Bedrooms | $175K | $195K | +11.4% |
3 Bedrooms | $237.9K | $253K | +6.3% |
4 Bedrooms | $350K | $348.7K | -0.4% |
5+ Bedrooms | $400K | $375K | -6.3% |
Summary: Grundy County 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 11.4%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 6.3%.
Median Sold Price Compared To Nearby Counties
Kendall County | $302.7K | $335K | +10.6% |
LaSalle County | $136.6K | $149.1K | +9.1% |
Will County | $305.2K | $327.8K | +7.4% |
Grundy County | $248.4K | $259.9K | +4.6% |
Livingston County | $133K | $133.9K | +0.7% |
Housing Supply in Grundy County, IL
How many homes are available in Grundy County, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 154 | +12.4% |
Summary: The Grundy County real estate market had 154 homes for sale in April 2024, a 12.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 32 | 31 | -3.1% |
3 Bedrooms | 65 | 66 | +1.5% |
4 Bedrooms | 33 | 45 | +36.4% |
5+ Bedrooms | 5 | 11 | +120.0% |
Summary: The Grundy County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes increased by 120%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 49 | 0.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 49 homes were sold or pending in Grundy County in April 2024, the same as the previous month. Of the 49 sold homes, 29% were sold under asking, 22% were sold at asking, and 49% were sold over asking.
Days on Market for Grundy County, IL
How long does it take to sell a home in Grundy County, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 23 Days | +19.2% |
Summary: Homes in Grundy County had an average of 23 days on market in Apr 2024, up by 19.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 49 homes were sold in Grundy County; 80% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.