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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kildeer is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Kildeer, IL

How much do homes in Kildeer, IL cost?

Median Sold Price

$780,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$27,500(-3.4%)

Key Takeaway

Homes in Kildeer have sold for 3.4% less than they did a year ago.

Summary: The median home sold price in Kildeer was $780,000 in October 2024, down 3.4% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $599.9K$776.2K
+29.4%
3 $610K$627.5K
+2.9%
4 $825K$762.6K
-7.6%
5+ $940K$1.0M
+13.0%

Summary: Kildeer housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 13%.

Median Sold Price Compared To Nearby Cities

Deer Park
+17.3%
Long Grove
+13.9%
Lake Zurich
+10.4%
Ela Township
+5.5%
Kildeer
-3.4%

Housing Supply in Kildeer, IL

How many homes are available in Kildeer, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2429+20.8%

Summary: The Kildeer real estate market had 29 homes for sale in October 2024, a 20.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 46
+50.0%
3 66
0.0%
4 1012
+20.0%
5+ 45
+25.0%

Summary: The Kildeer housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kildeer, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Kildeer in October 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Kildeer, IL

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

Average Sale Time

Oct 2023Oct 2024CHANGE
9 Days13 Days+51.9%

Summary: Homes in Kildeer had an average of 13 days on market in Oct 2024, up by 51.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Kildeer; 100% of homes were sold within 30 days, 0% 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 16 Days Ago

Newest Listings in Kildeer, IL

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