Is Kendall County, 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, Kendall County has remained a Seller's Market.
Housing Prices in Kendall County, IL
How much do homes in Kendall County, IL cost?
Median Sold Price
$339,887
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kendall County was $339,887 in May 2024, up 11.7% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $149K | +14.6% |
2 Bedrooms | $221.1K | $245K | +10.8% |
3 Bedrooms | $281.5K | $300K | +6.6% |
4 Bedrooms | $399.5K | $417.8K | +4.6% |
5+ Bedrooms | $439K | $495K | +12.8% |
Summary: Kendall County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.6%, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 12.8%.
Median Sold Price Compared To Nearby Counties
DeKalb County | $232.1K | $265K | +14.1% |
Kane County | $310.4K | $349.2K | +12.5% |
Kendall County | $304.2K | $339.8K | +11.7% |
Will County | $307.1K | $330K | +7.5% |
DuPage County | $359.9K | $385.3K | +7.0% |
Housing Supply in Kendall County, IL
How many homes are available in Kendall County, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
431 | 448 | +3.9% |
Summary: The Kendall County real estate market had 448 homes for sale in May 2024, a 3.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 7 | -12.5% |
2 Bedrooms | 70 | 64 | -8.6% |
3 Bedrooms | 145 | 169 | +16.6% |
4 Bedrooms | 178 | 172 | -3.4% |
5+ Bedrooms | 30 | 36 | +20.0% |
Summary: The Kendall County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 16.6%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
133 | 133 | 0.0% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
36 Homes Were Sold
At Asking
60 Homes Were Sold
Over Asking
Summary: A total of 133 homes were sold or pending in Kendall County in May 2024, the same as the previous month. Of the 133 sold homes, 28% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for Kendall County, IL
How long does it take to sell a home in Kendall County, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
17 Days | 18 Days | +4.0% |
Summary: Homes in Kendall County had an average of 18 days on market in May 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
110 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 133 homes were sold in Kendall County; 83% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.