Is Lisle Township, 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, Lisle Township has remained a Seller's Market.
Housing Prices in Lisle Township, IL
How much do homes in Lisle Township, IL cost?
Median Sold Price
$416,067
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lisle Township was $416,067 in May 2024, up 8.1% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $142K | $162.5K | +14.4% |
2 Bedrooms | $190K | $220K | +15.8% |
3 Bedrooms | $371.7K | $400K | +7.6% |
4 Bedrooms | $512K | $593.7K | +15.9% |
5+ Bedrooms | $680K | $690K | +1.5% |
Summary: Lisle Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
Naperville | $507.8K | $558.1K | +9.9% |
Lisle Township | $384.8K | $416K | +8.1% |
Downers Grove | $410K | $436.3K | +6.4% |
Woodridge | $344.6K | $350K | +1.6% |
Lisle | $343.5K | $345K | 0.4% |
Housing Supply in Lisle Township, IL
How many homes are available in Lisle Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
351 | 397 | +13.1% |
Summary: The Lisle Township real estate market had 397 homes for sale in May 2024, a 13.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 23 | 24 | +4.3% |
2 Bedrooms | 69 | 76 | +10.1% |
3 Bedrooms | 106 | 110 | +3.8% |
4 Bedrooms | 121 | 153 | +26.4% |
5+ Bedrooms | 32 | 34 | +6.3% |
Summary: The Lisle Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 10.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 26.4%, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 | 141 | +18.5% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
91 Homes Were Sold
Over Asking
Summary: A total of 141 homes were sold or pending in Lisle Township in May 2024, up by 18.5% month-over-month. Of the 141 sold homes, 25% were sold under asking, 11% were sold at asking, and 65% were sold over asking.
Days on Market for Lisle Township, IL
How long does it take to sell a home in Lisle Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
19 Days | 14 Days | -25.0% |
Summary: Homes in Lisle Township had an average of 14 days on market in May 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
132 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 141 homes were sold in Lisle Township; 94% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.