Is Glenview, 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, Glenview has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $157K | $161.5K | +2.9% |
2 Bedrooms | $307.2K | $285K | -7.2% |
3 Bedrooms | $500K | $528.9K | +5.8% |
4 Bedrooms | $799K | $840K | +5.1% |
5+ Bedrooms | $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 | $564.2K | $616.2K | +9.2% |
Northbrook | $545.5K | $586.2K | +7.5% |
Glenview | $578.8K | $580K | 0.2% |
Northfield | $800K | $682.5K | -14.7% |
Housing Supply in Glenview, IL
How many homes are available in Glenview, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
192 | 223 | +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
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 25 | 35 | +40.0% |
3 Bedrooms | 67 | 70 | +4.5% |
4 Bedrooms | 57 | 72 | +26.3% |
5+ Bedrooms | 41 | 42 | +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 2024 | May 2024 | CHANGE |
---|---|---|
65 | 64 | -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
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 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 11 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
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.