Is Lyons Township, 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, Lyons Township has remained a Seller's Market.
Housing Prices in Lyons Township, IL
How much do homes in Lyons Township, IL cost?
Median Sold Price
$390,000
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lyons Township was $390,000 in April 2024, up 5.7% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126K | $142K | +12.7% |
2 Bedrooms | $230.7K | $249.9K | +8.3% |
3 Bedrooms | $351.8K | $365K | +3.7% |
4 Bedrooms | $614.1K | $610.2K | -0.6% |
5+ Bedrooms | $777.5K | $865K | +11.3% |
Summary: Lyons Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
Indian Head Park | $320K | $362.5K | +13.3% |
Lyons Township | $369K | $390K | +5.7% |
Countryside | $355K | $341K | -3.9% |
Housing Supply in Lyons Township, IL
How many homes are available in Lyons Township, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
315 | 365 | +15.9% |
Summary: The Lyons Township real estate market had 365 homes for sale in April 2024, a 15.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 9 | +28.6% |
2 Bedrooms | 59 | 69 | +16.9% |
3 Bedrooms | 110 | 125 | +13.6% |
4 Bedrooms | 80 | 89 | +11.3% |
5+ Bedrooms | 59 | 73 | +23.7% |
Summary: The Lyons Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 23.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
84 | 99 | +17.9% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
39 Homes Were Sold
Over Asking
Summary: A total of 99 homes were sold or pending in Lyons Township in April 2024, up by 17.9% month-over-month. Of the 99 sold homes, 39% were sold under asking, 21% were sold at asking, and 39% were sold over asking.
Days on Market for Lyons Township, IL
How long does it take to sell a home in Lyons Township, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 19 Days | -26.8% |
Summary: Homes in Lyons Township had an average of 19 days on market in Apr 2024, down by 26.8% compared to last year.
Breakdown of Home Sale Times
83 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 99 homes were sold in Lyons Township; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.