Is Carol Stream, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carol Stream is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Carol Stream, IL

How much do homes in Carol Stream, IL cost?

Median Sold Price

$360,000

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$44,333(+14.0%)

Key Takeaway

Homes in Carol Stream have sold for 14% more than they did a year ago.

Summary: The median home sold price in Carol Stream was $360,000 in November 2024, up 14% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $133.5K$158.5K
+18.7%
2 $247.5K$251K
+1.4%
3 $320K$355K
+10.9%
4 $425K$465K
+9.4%
5+ $537.5K$473K
-12.0%

Summary: Carol Stream housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.7%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 12%.

Median Sold Price Compared To Nearby Cities

Glendale Heights
+14.9%
Carol Stream
+14.0%
Bloomingdale Township
+8.7%
Wheaton
+6.5%
Bloomingdale
+3.0%

Housing Supply in Carol Stream, IL

How many homes are available in Carol Stream, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8183+2.5%

Summary: The Carol Stream real estate market had 83 homes for sale in November 2024, a 2.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 36
+100.0%
2 1713
-23.5%
3 3037
+23.3%
4 2925
-13.8%
5+ 22
0.0%

Summary: The Carol Stream housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes increased by 23.3%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3120-35.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carol Stream, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Carol Stream in November 2024, down by 35.5% month-over-month. Of the 20 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Carol Stream, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days23 Days+41.0%

Summary: Homes in Carol Stream had an average of 23 days on market in Nov 2024, up by 41% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 20 homes were sold in Carol Stream; 70% of homes were sold within 30 days, 30% 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 17 Days Ago

Newest Listings in Carol Stream, IL

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