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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kendall Township is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kendall Township was a Seller's Market.

Key Takeaway

Kendall Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kendall Township, IL

How much do homes in Kendall Township, IL cost?

Median Sold Price

$380,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$24,950(-6.2%)

Key Takeaway

Homes in Kendall Township have sold for 6.2% less than they did a year ago.

Summary: The median home sold price in Kendall Township was $380,000 in November 2024, down 6.2% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $249.9K$301K
+20.4%
3 $337K$320K
-5.0%
4 $429.9K$434.9K
+1.2%
5+ $495K$757.9K
+53.1%

Summary: Kendall Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.4%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 53.1%.

Median Sold Price Compared To Nearby Cities

Bristol Township
+10.8%
Yorkville
+6.1%
Na-Au-Say Township
0.5%
Kendall Township
-6.2%

Housing Supply in Kendall Township, IL

How many homes are available in Kendall Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6467+4.7%

Summary: The Kendall Township real estate market had 67 homes for sale in November 2024, a 4.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2224
+9.1%
4 3332
-3.0%
5+ 46
+50.0%

Summary: The Kendall Township 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
188-55.6%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kendall Township, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Kendall Township in November 2024, down by 55.6% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Kendall Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
31 Days27 Days-15.1%

Summary: Homes in Kendall Township had an average of 27 days on market in Nov 2024, down by 15.1% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Kendall Township; 75% of homes were sold within 30 days, 25% 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 2 Days Ago

Newest Listings in Kendall Township, IL

Nearby Markets to Kendall Township, IL

What housing markets are near Kendall Township, IL?