Is Du Page Township, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Du Page Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Du Page Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Du Page Township, IL

How much do homes in Du Page Township, IL cost?

Median Sold Price

$331,208

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,381(+10.1%)

Key Takeaway

Homes in Du Page Township have sold for 10.1% more than they did a year ago.

Summary: The median home sold price in Du Page Township was $331,208 in October 2024, up 10.1% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $117.5K$137K
+16.6%
2 $250K$275K
+10.0%
3 $276.6K$304.6K
+10.1%
4 $372.5K$431K
+15.7%
5+ $450K$474.9K
+5.5%

Summary: Du Page Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 5.5%.

Median Sold Price Compared To Nearby Cities

Bolingbrook
+12.0%
Du Page Township
+10.1%
Lisle Township
+7.3%
Woodridge
+7.1%
Romeoville
+4.0%

Housing Supply in Du Page Township, IL

How many homes are available in Du Page Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
254250-1.6%

Summary: The Du Page Township real estate market had 250 homes for sale in October 2024, a 1.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 4340
-7.0%
3 10297
-4.9%
4 9396
+3.2%
5+ 1415
+7.1%

Summary: The Du Page Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 7.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
9167-26.4%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

23 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Du Page Township, you may be able to get a good deal. 44.8% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Du Page Township in October 2024, down by 26.4% month-over-month. Of the 67 sold homes, 45% were sold under asking, 21% were sold at asking, and 34% were sold over asking.

Days on Market for Du Page Township, IL

How long does it take to sell a home in Du Page Township, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
22 Days23 Days+4.1%

Summary: Homes in Du Page Township had an average of 23 days on market in Oct 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 67 homes were sold in Du Page Township; 76% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 3% 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 16 Days Ago

Newest Listings in Du Page Township, IL

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What housing markets are near Du Page Township, IL?