Is Carol Stream, 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, Carol Stream has remained a Seller's Market.
Housing Prices in Carol Stream, IL
How much do homes in Carol Stream, IL cost?
Median Sold Price
$334,900
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carol Stream was $334,900 in May 2024, up 10.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $129K | $155K | +20.2% |
2 Bedrooms | $230K | $246.1K | +7.0% |
3 Bedrooms | $306K | $335.7K | +9.7% |
4 Bedrooms | $397.5K | $438.2K | +10.3% |
5+ Bedrooms | $548.8K | $504K | -8.2% |
Summary: Carol Stream housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.2%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 8.2%.
Median Sold Price Compared To Nearby Cities
Wheaton | $388.9K | $434.5K | +11.7% |
Glendale Heights | $249K | $276K | +10.8% |
Carol Stream | $303K | $334.9K | +10.5% |
Bloomingdale Township | $290.9K | $316.1K | +8.7% |
Bloomingdale | $338K | $351.3K | +3.9% |
Housing Supply in Carol Stream, IL
How many homes are available in Carol Stream, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
81 | 113 | +39.5% |
Summary: The Carol Stream real estate market had 113 homes for sale in May 2024, a 39.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 20 | 24 | +20.0% |
3 Bedrooms | 32 | 41 | +28.1% |
4 Bedrooms | 26 | 40 | +53.8% |
5+ Bedrooms | 1 | 5 | +400.0% |
Summary: The Carol Stream housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 28.1%, 4 bedroom homes increased by 53.8%, and 5+ bedroom homes increased by 400%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 37 | +68.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Carol Stream in May 2024, up by 68.2% month-over-month. Of the 37 sold homes, 19% were sold under asking, 8% were sold at asking, and 73% were sold over asking.
Days on Market for Carol Stream, IL
How long does it take to sell a home in Carol Stream, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
18 Days | 10 Days | -46.5% |
Summary: Homes in Carol Stream had an average of 10 days on market in May 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 37 homes were sold in Carol Stream; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.