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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Huntley is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Huntley, IL

How much do homes in Huntley, IL cost?

Median Sold Price

$365,162

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,296(+5.3%)

Key Takeaway

Homes in Huntley have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Huntley was $365,162 in November 2024, up 5.3% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $228.5K$249.4K
+9.1%
2 $315K$335K
+6.3%
3 $359K$390K
+8.6%
4 $450K$480K
+6.7%
5+ $525K$571.5K
+8.9%

Summary: Huntley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 8.9%.

Median Sold Price Compared To Nearby Cities

Grafton Township
+8.0%
Rutland Township
+5.4%
Huntley
+5.3%
Lake in the Hills
+4.6%

Housing Supply in Huntley, IL

How many homes are available in Huntley, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
171172+0.6%

Summary: The Huntley real estate market had 172 homes for sale in November 2024, a 0.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 7364
-12.3%
3 5053
+6.0%
4 3945
+15.4%
5+ 69
+50.0%

Summary: The Huntley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5840-31.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Huntley, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in Huntley in November 2024, down by 31.0% month-over-month. Of the 40 sold homes, 60% were sold under asking, 28% were sold at asking, and 13% were sold over asking.

Days on Market for Huntley, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days28 Days+24.3%

Summary: Homes in Huntley had an average of 28 days on market in Nov 2024, up by 24.3% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 40 homes were sold in Huntley; 68% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 5% 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 17 Days Ago

Newest Listings in Huntley, IL

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