Is York 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, York Township has remained a Seller's Market.
Housing Prices in York Township, IL
How much do homes in York Township, IL cost?
Median Sold Price
$377,186
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in York Township was $377,186 in May 2024, up 3.6% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135K | $150K | +11.1% |
2 Bedrooms | $255K | $285K | +11.8% |
3 Bedrooms | $350K | $371.8K | +6.2% |
4 Bedrooms | $620K | $629.2K | +1.5% |
5+ Bedrooms | $755K | $907.5K | +20.2% |
Summary: York Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 20.2%.
Median Sold Price Compared To Nearby Cities
Oak Brook | $762K | $835K | +9.6% |
Villa Park | $299.4K | $316K | +5.5% |
York Township | $363.9K | $377.1K | +3.6% |
Elmhurst | $524.5K | $529.9K | +1.0% |
Housing Supply in York Township, IL
How many homes are available in York Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
386 | 455 | +17.9% |
Summary: The York Township real estate market had 455 homes for sale in May 2024, a 17.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 15 | 21 | +40.0% |
2 Bedrooms | 84 | 96 | +14.3% |
3 Bedrooms | 126 | 152 | +20.6% |
4 Bedrooms | 116 | 127 | +9.5% |
5+ Bedrooms | 45 | 59 | +31.1% |
Summary: The York Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 20.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 31.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
116 | 116 | 0.0% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
63 Homes Were Sold
Over Asking
Summary: A total of 116 homes were sold or pending in York Township in May 2024, the same as the previous month. Of the 116 sold homes, 33% were sold under asking, 13% were sold at asking, and 54% were sold over asking.
Days on Market for York Township, IL
How long does it take to sell a home in York Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 19 Days | -26.0% |
Summary: Homes in York Township had an average of 19 days on market in May 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
98 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 116 homes were sold in York Township; 84% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.