Is Kendall County, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall County is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Kendall County, IL

How much do homes in Kendall County, IL cost?

Median Sold Price

$349,828

$180/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,103(+7.7%)

Key Takeaway

Homes in Kendall County have sold for 7.7% more than they did a year ago.

Summary: The median home sold price in Kendall County was $349,828 in November 2024, up 7.7% from last year, and the median price per square foot was $180.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $144.5K$151K
+4.5%
2 $233K$250K
+7.3%
3 $293.3K$315K
+7.4%
4 $405.5K$424.9K
+4.8%
5+ $470K$501.3K
+6.7%

Summary: Kendall County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Counties

DeKalb County
+11.2%
Kane County
+9.3%
DuPage County
+9.0%
Kendall County
+7.7%
Will County
+6.4%

Housing Supply in Kendall County, IL

How many homes are available in Kendall County, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
450446-0.9%

Summary: The Kendall County real estate market had 446 homes for sale in November 2024, a 0.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 98
-11.1%
2 6663
-4.5%
3 183176
-3.8%
4 162162
0.0%
5+ 3037
+23.3%

Summary: The Kendall County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 4.5%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 23.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118137+16.1%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

31 Homes Were Sold
At Asking

39 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall County, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.

Summary: A total of 137 homes were sold or pending in Kendall County in November 2024, up by 16.1% month-over-month. Of the 137 sold homes, 49% were sold under asking, 23% were sold at asking, and 28% were sold over asking.

Days on Market for Kendall County, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days23 Days+11.7%

Summary: Homes in Kendall County had an average of 23 days on market in Nov 2024, up by 11.7% compared to last year.

Breakdown of Home Sale Times

102 Homes Were Sold
Under 30 Days

31 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 137 homes were sold in Kendall County; 74% of homes were sold within 30 days, 23% 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 21 Days Ago

Newest Listings in Kendall County, IL

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