Is Harwood Heights, 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, Harwood Heights has remained a Seller's Market.
Housing Prices in Harwood Heights, IL
How much do homes in Harwood Heights, IL cost?
Median Sold Price
$330,000
$234/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in Harwood Heights was $330,000 in April 2024, the same as last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171.5K | $180.5K | +5.2% |
2 Bedrooms | $271.4K | $278K | +2.4% |
3 Bedrooms | $352.5K | $380K | +7.8% |
4 Bedrooms | $407.5K | $580K | +42.3% |
5+ Bedrooms | $525K | $489.1K | -6.8% |
Summary: Harwood Heights housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.2%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes decreased by 6.8%.
Median Sold Price Compared To Nearby Cities
Norwood Park Township | $360K | $390K | +8.3% |
Norridge | $350K | $370K | +5.7% |
Chicago | $341.7K | $349K | +2.1% |
Harwood Heights | $330K | $330K | 0.0% |
Housing Supply in Harwood Heights, IL
How many homes are available in Harwood Heights, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 30 | +20.0% |
Summary: The Harwood Heights real estate market had 30 homes for sale in April 2024, a 20.0% 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 | 9 | 10 | +11.1% |
3 Bedrooms | 10 | 10 | 0.0% |
4 Bedrooms | 3 | 8 | +166.7% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Harwood Heights 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 increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 166.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 8 | +33.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Harwood Heights in April 2024, up by 33.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Harwood Heights, IL
How long does it take to sell a home in Harwood Heights, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 21 Days | -52.9% |
Summary: Homes in Harwood Heights had an average of 21 days on market in Apr 2024, down by 52.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Harwood Heights; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.