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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kildeer is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Kildeer has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kildeer, IL

How much do homes in Kildeer, IL cost?

Median Sold Price

$850,000

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$114,360(+15.5%)

Key Takeaway

Homes in Kildeer have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Kildeer was $850,000 in April 2024, up 15.5% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 -$599.9K
N/A
3 $640K$590K
-7.8%
4 $741.9K$910K
+22.7%
5+ $780K$958K
+22.8%

Summary: Kildeer housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.8%, 4 bedroom homes increased by 22.7%, and 5+ bedroom homes increased by 22.8%.

Median Sold Price Compared To Nearby Cities

Kildeer
+15.5%
Lake Zurich
+10.7%
Long Grove
+4.2%
Ela Township
+4.0%
Deer Park
-1.8%

Housing Supply in Kildeer, IL

How many homes are available in Kildeer, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2334+47.8%

Summary: The Kildeer real estate market had 34 homes for sale in April 2024, a 47.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 58
+60.0%
4 1319
+46.2%
5+ 46
+50.0%

Summary: The Kildeer housing inventory by bedroom type for April 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 60%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kildeer, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Kildeer in April 2024, up by 233.3% month-over-month. Of the 10 sold homes, 30% were sold under asking, 50% were sold at asking, and 20% were sold over asking.

Days on Market for Kildeer, IL

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

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days12 Days-56.5%

Summary: Homes in Kildeer had an average of 12 days on market in Apr 2024, down by 56.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 10 homes were sold in Kildeer; 80% of homes were sold within 30 days, 20% 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 28 Days Ago

Newest Listings in Kildeer, IL

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