Is Kendall 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, Kendall Township has remained a Seller's Market.
Housing Prices in Kendall Township, IL
How much do homes in Kendall Township, IL cost?
Median Sold Price
$404,900
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kendall Township was $404,900 in May 2024, up 12.5% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $247.5K | $282.5K | +14.1% |
3 Bedrooms | $292.1K | $333.5K | +14.1% |
4 Bedrooms | $407.8K | $429.9K | +5.4% |
5+ Bedrooms | $457.5K | $649.9K | +42.1% |
Summary: Kendall Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 42.1%.
Median Sold Price Compared To Nearby Cities
Yorkville | $319.1K | $369.9K | +15.9% |
Kendall Township | $360K | $404.9K | +12.5% |
Bristol Township | $313.4K | $349.9K | +11.7% |
Na-Au-Say Township | $349K | $371.4K | +6.4% |
Housing Supply in Kendall Township, IL
How many homes are available in Kendall Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 63 | +14.5% |
Summary: The Kendall Township real estate market had 63 homes for sale in May 2024, a 14.5% 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 | 5 | 3 | -40.0% |
3 Bedrooms | 16 | 25 | +56.3% |
4 Bedrooms | 33 | 33 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Kendall 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 decreased by 40%, 3 bedroom homes increased by 56.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 12 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Kendall Township in May 2024, down by 25.0% month-over-month. Of the 12 sold homes, 25% were sold under asking, 42% were sold at asking, and 33% were sold over asking.
Days on Market for Kendall Township, IL
How long does it take to sell a home in Kendall Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
32 Days | 21 Days | -33.9% |
Summary: Homes in Kendall Township had an average of 21 days on market in May 2024, down by 33.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 12 homes were sold in Kendall Township; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.