Is Sleepy Hollow, 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, Sleepy Hollow has remained a Seller's Market.
Housing Prices in Sleepy Hollow, IL
How much do homes in Sleepy Hollow, IL cost?
Median Sold Price
$454,900
$185/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sleepy Hollow was $454,900 in May 2024, up 11.4% from last year, and the median price per square foot was $185.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $187.5K | $222.5K | +18.7% |
3 Bedrooms | $343K | $440K | +28.3% |
4 Bedrooms | $415K | $457.4K | +10.2% |
5+ Bedrooms | $599K | $575K | -4.0% |
Summary: Sleepy Hollow 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 18.7%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes decreased by 4%.
Median Sold Price Compared To Nearby Cities
Elgin | $270.3K | $314.9K | +16.5% |
Sleepy Hollow | $408.5K | $454.9K | +11.4% |
Dundee Township | $255.8K | $280.2K | +9.5% |
West Dundee | $367.5K | $350K | -4.8% |
Housing Supply in Sleepy Hollow, IL
How many homes are available in Sleepy Hollow, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
8 | 9 | +12.5% |
Summary: The Sleepy Hollow real estate market had 9 homes for sale in May 2024, a 12.5% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sleepy Hollow 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 increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Sleepy Hollow in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Sleepy Hollow, IL
How long does it take to sell a home in Sleepy Hollow, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
68 Days | 28 Days | -59.3% |
Summary: Homes in Sleepy Hollow had an average of 28 days on market in May 2024, down by 59.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Sleepy Hollow; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.