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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenview is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Glenview, IL

How much do homes in Glenview, IL cost?

Median Sold Price

$623,666

$289/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$61,202(+10.9%)

Key Takeaway

Homes in Glenview have sold for 10.9% more than they did a year ago.

Summary: The median home sold price in Glenview was $623,666 in November 2024, up 10.9% from last year, and the median price per square foot was $289.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $160K$168K
+5.0%
2 $290K$307.5K
+6.0%
3 $489.6K$560K
+14.4%
4 $767K$929K
+21.1%
5+ $1.2M$1.3M
+11.3%

Summary: Glenview housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 11.3%.

Median Sold Price Compared To Nearby Cities

Northbrook
+11.9%
Northfield
+11.6%
Glenview
+10.9%
Northfield Township
+9.9%

Housing Supply in Glenview, IL

How many homes are available in Glenview, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
168157-6.5%

Summary: The Glenview real estate market had 157 homes for sale in November 2024, a 6.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3839
+2.6%
3 6149
-19.7%
4 4344
+2.3%
5+ 2625
-3.8%

Summary: The Glenview housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.6%, 3 bedroom homes decreased by 19.7%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 3.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5244-15.4%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

17 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenview, you may be able to get a good deal. 47.7% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Glenview in November 2024, down by 15.4% month-over-month. Of the 44 sold homes, 48% were sold under asking, 14% were sold at asking, and 39% were sold over asking.

Days on Market for Glenview, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
19 Days20 Days+6.6%

Summary: Homes in Glenview had an average of 20 days on market in Nov 2024, up by 6.6% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 44 homes were sold in Glenview; 75% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 2% 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 2 Days Ago

Newest Listings in Glenview, IL

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