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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenview is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

Housing Prices in Glenview, IL

How much do homes in Glenview, IL cost?

Median Sold Price

$580,000

$276/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$1,166(+0.2%)

Key Takeaway

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

Summary: The median home sold price in Glenview was $580,000 in May 2024, up 0.2% from last year, and the median price per square foot was $276.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $157K$161.5K
+2.9%
2 $307.2K$285K
-7.2%
3 $500K$528.9K
+5.8%
4 $799K$840K
+5.1%
5+ $1.1M$1.3M
+20.8%

Summary: Glenview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes decreased by 7.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 20.8%.

Median Sold Price Compared To Nearby Cities

Northfield Township
+9.2%
Northbrook
+7.5%
Glenview
0.2%
Northfield
-14.7%

Housing Supply in Glenview, IL

How many homes are available in Glenview, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
192223+16.1%

Summary: The Glenview real estate market had 223 homes for sale in May 2024, a 16.1% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 24
+100.0%
2 2535
+40.0%
3 6770
+4.5%
4 5772
+26.3%
5+ 4142
+2.4%

Summary: The Glenview 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 40%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 2.4%.

Number of Homes Sold

Apr 2024May 2024CHANGE
6564-1.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

31 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenview, you could pay more than the asking price. 48.4% of homes here sold above asking price last month.

Summary: A total of 64 homes were sold or pending in Glenview in May 2024, down by 1.5% month-over-month. Of the 64 sold homes, 30% were sold under asking, 22% were sold at asking, and 48% were sold over asking.

Days on Market for Glenview, IL

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

Average Sale Time

May 2023May 2024CHANGE
26 Days11 Days-57.5%

Summary: Homes in Glenview had an average of 11 days on market in May 2024, down by 57.5% compared to last year.

Breakdown of Home Sale Times

59 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 64 homes were sold in Glenview; 92% of homes were sold within 30 days, 8% 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 1 Day Ago

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