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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chatsworth is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Chatsworth was a Neutral Market.

Key Takeaway

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

Housing Prices in Chatsworth, IL

How much do homes in Chatsworth, IL cost?

Median Sold Price

$53,000

$24/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$61,000(-53.5%)

Key Takeaway

Homes in Chatsworth have sold for 53.5% less than they did a month ago.

Summary: The median home sold price in Chatsworth was $53,000 in December 2024, down 53.5% from last month, and the median price per square foot was $24.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $114K-
N/A
3 -$42K
N/A
4 -$64K
N/A
5+ --
N/A

Summary: Chatsworth housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Chatsworth
-53.5%
Chatsworth Township
-53.5%

Housing Supply in Chatsworth, IL

How many homes are available in Chatsworth, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
660.0%

Summary: The Chatsworth real estate market had 6 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 11
0.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Chatsworth housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chatsworth, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chatsworth in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Chatsworth, IL

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

Average Sale Time

Nov 2024Dec 2024CHANGE
63 Days129 Days+104.8%

Summary: Homes in Chatsworth had an average of 129 days on market in Dec 2024, up by 104.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Chatsworth has remained consistent over time.

Summary: During December 2024, 2 homes were sold in Chatsworth; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 8 Days Ago

Newest Listings in Chatsworth, IL

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