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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kirkland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kirkland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kirkland, IL

How much do homes in Kirkland, IL cost?

Median Sold Price

$237,500

$124/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$22,500(-8.7%)

Key Takeaway

Homes in Kirkland have sold for 8.7% less than they did a month ago.

Summary: The median home sold price in Kirkland was $237,500 in May 2024, down 8.7% from last month, and the median price per square foot was $124.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$145K
N/A
3 $260K-
N/A
4 --
N/A
5+ -$330K
N/A

Summary: Kirkland housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kirkland, IL

How many homes are available in Kirkland, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
330.0%

Summary: The Kirkland real estate market had 3 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 11
0.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Kirkland 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kirkland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kirkland in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Kirkland, IL

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

Average Sale Time

Apr 2024May 2024CHANGE
8 Days10 Days+31.3%

Summary: Homes in Kirkland had an average of 10 days on market in May 2024, up by 31.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 2 homes were sold in Kirkland; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

Newest Listings in Kirkland, IL

Nearby Markets to Kirkland, IL

What housing markets are near Kirkland, IL?