Is Streamwood, 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, Streamwood has remained a Seller's Market.
Housing Prices in Streamwood, IL
How much do homes in Streamwood, IL cost?
Median Sold Price
$295,000
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Streamwood was $295,000 in May 2024, up 13.5% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $149K | $179K | +20.1% |
2 Bedrooms | $213.5K | $246.5K | +15.5% |
3 Bedrooms | $275K | $304K | +10.5% |
4 Bedrooms | $330.5K | $360K | +8.9% |
5+ Bedrooms | $395K | $365K | -7.6% |
Summary: Streamwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.1%, 2 bedroom homes increased by 15.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
Streamwood | $260K | $295K | +13.5% |
Hanover Township | $275K | $304.8K | +10.8% |
Hoffman Estates | $327K | $355K | +8.6% |
Hanover Park | $274.7K | $294.7K | +7.3% |
Bartlett | $350K | $370.3K | +5.8% |
Housing Supply in Streamwood, IL
How many homes are available in Streamwood, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
111 | 128 | +15.3% |
Summary: The Streamwood real estate market had 128 homes for sale in May 2024, a 15.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 26 | 37 | +42.3% |
3 Bedrooms | 62 | 57 | -8.1% |
4 Bedrooms | 17 | 26 | +52.9% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Streamwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 42.3%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes increased by 52.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
41 | 43 | +4.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in Streamwood in May 2024, up by 4.9% month-over-month. Of the 43 sold homes, 19% were sold under asking, 21% were sold at asking, and 60% were sold over asking.
Days on Market for Streamwood, IL
How long does it take to sell a home in Streamwood, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
12 Days | 11 Days | -7.9% |
Summary: Homes in Streamwood had an average of 11 days on market in May 2024, down by 7.9% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 43 homes were sold in Streamwood; 93% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.