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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Countryside is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Countryside, IL

How much do homes in Countryside, IL cost?

Median Sold Price

$382,500

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$67,500(+21.4%)

Key Takeaway

Homes in Countryside have sold for 21.4% more than they did a year ago.

Summary: The median home sold price in Countryside was $382,500 in October 2024, up 21.4% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$124.9K
0%
2 $167.5K$174.5K
+4.2%
3 $376.2K$415K
+10.3%
4 $500.4K$592.5K
+18.4%
5+ $595K$605K
+1.7%

Summary: Countryside housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 1.7%.

Median Sold Price Compared To Nearby Cities

Countryside
+21.4%
Lyons Township
+15.0%
La Grange
+8.9%
Indian Head Park
+6.8%

Housing Supply in Countryside, IL

How many homes are available in Countryside, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
22220.0%

Summary: The Countryside real estate market had 22 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 97
-22.2%
3 79
+28.6%
4 33
0.0%
5+ 21
-50.0%

Summary: The Countryside housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Countryside, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Countryside in October 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.

Days on Market for Countryside, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days21 Days-19.0%

Summary: Homes in Countryside had an average of 21 days on market in Oct 2024, down by 19% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Countryside; 86% of homes were sold within 30 days, 14% 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 20 Days Ago

Newest Listings in Countryside, IL

Nearby Markets to Countryside, IL

What housing markets are near Countryside, IL?