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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisle is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Lisle, IL

How much do homes in Lisle, IL cost?

Median Sold Price

$345,000

$223/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$1,500(+0.4%)

Key Takeaway

The sold price of homes in Lisle has remained the same since last year.

Summary: The median home sold price in Lisle was $345,000 in May 2024, up 0.4% from last year, and the median price per square foot was $223.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $154K$172K
+11.7%
2 $210.7K$225K
+6.8%
3 $362.5K$384.2K
+6.0%
4 $523.3K$569.9K
+8.9%
5+ $580K$713.8K
+23.1%

Summary: Lisle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 23.1%.

Median Sold Price Compared To Nearby Cities

Wheaton
+11.7%
Milton Township
+8.8%
Lisle Township
+8.1%
Downers Grove
+6.4%
Lisle
0.4%

Housing Supply in Lisle, IL

How many homes are available in Lisle, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
80102+27.5%

Summary: The Lisle real estate market had 102 homes for sale in May 2024, a 27.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 1017
+70.0%
2 2626
0.0%
3 1723
+35.3%
4 2429
+20.8%
5+ 37
+133.3%

Summary: The Lisle housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 70%, 2 bedroom homes remained the same, 3 bedroom homes increased by 35.3%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 133.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2432+33.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisle, you could pay more than the asking price. 68.8% of homes here sold above asking price last month.

Summary: A total of 32 homes were sold or pending in Lisle in May 2024, up by 33.3% month-over-month. Of the 32 sold homes, 22% were sold under asking, 9% were sold at asking, and 69% were sold over asking.

Days on Market for Lisle, IL

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

Average Sale Time

May 2023May 2024CHANGE
30 Days15 Days-49.1%

Summary: Homes in Lisle had an average of 15 days on market in May 2024, down by 49.1% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 32 homes were sold in Lisle; 94% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 3% 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 8 Days Ago

Newest Listings in Lisle, IL

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