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 December 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

$625,000

$286/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$54,550(+9.6%)

Key Takeaway

Homes in Glenview have sold for 9.6% more than they did a year ago.

Summary: The median home sold price in Glenview was $625,000 in December 2024, up 9.6% from last year, and the median price per square foot was $286.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $157K$171K
+8.9%
2 $300K$300K
0.0%
3 $492.5K$553.8K
+12.5%
4 $773.3K$933K
+20.6%
5+ $1.2M$1.3M
+9.8%

Summary: Glenview housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20.6%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Northfield
+13.2%
Northbrook
+11.4%
Glenview
+9.6%
Northfield Township
+8.5%

Housing Supply in Glenview, IL

How many homes are available in Glenview, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
138112-18.8%

Summary: The Glenview real estate market had 112 homes for sale in December 2024, a 18.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 01
+100.0%
2 3632
-11.1%
3 4332
-25.6%
4 3730
-18.9%
5+ 2217
-22.7%

Summary: The Glenview housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 25.6%, 4 bedroom homes decreased by 18.9%, and 5+ bedroom homes decreased by 22.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4437-15.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 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. 62.2% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Glenview in December 2024, down by 15.9% month-over-month. Of the 37 sold homes, 62% were sold under asking, 14% were sold at asking, and 24% 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

Dec 2023Dec 2024CHANGE
28 Days19 Days-34.2%

Summary: Homes in Glenview had an average of 19 days on market in Dec 2024, down by 34.2% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 December 2024, 37 homes were sold in Glenview; 81% of homes were sold within 30 days, 19% 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 4 Days Ago

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