Is Leyden 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, Leyden Township has remained a Seller's Market.
Housing Prices in Leyden Township, IL
How much do homes in Leyden Township, IL cost?
Median Sold Price
$308,666
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Leyden Township was $308,666 in May 2024, up 8.9% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $109.5K | $120.5K | +10.1% |
2 Bedrooms | $230K | $215K | -6.5% |
3 Bedrooms | $302.4K | $323K | +6.8% |
4 Bedrooms | $340K | $379.9K | +11.7% |
5+ Bedrooms | $451.5K | $460K | +1.9% |
Summary: Leyden Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
Franklin Park | $275K | $310K | +12.7% |
Leyden Township | $283.4K | $308.6K | +8.9% |
River Grove | $260K | $275K | +5.8% |
Norridge | $350K | $369.5K | +5.6% |
Schiller Park | $255K | $245K | -3.9% |
Housing Supply in Leyden Township, IL
How many homes are available in Leyden Township, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
236 | 269 | +14.0% |
Summary: The Leyden Township real estate market had 269 homes for sale in May 2024, a 14.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 31 | 32 | +3.2% |
2 Bedrooms | 49 | 55 | +12.2% |
3 Bedrooms | 89 | 105 | +18.0% |
4 Bedrooms | 48 | 57 | +18.8% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Leyden Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
78 | 76 | -2.6% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 76 homes were sold or pending in Leyden Township in May 2024, down by 2.6% month-over-month. Of the 76 sold homes, 41% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for Leyden Township, IL
How long does it take to sell a home in Leyden Township, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 18 Days | -30.1% |
Summary: Homes in Leyden Township had an average of 18 days on market in May 2024, down by 30.1% compared to last year.
Breakdown of Home Sale Times
66 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During May 2024, 76 homes were sold in Leyden Township; 87% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.