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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kirkland is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kirkland has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kirkland, IL

How much do homes in Kirkland, IL cost?

Median Sold Price

$270,000

$120/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$18,000(+7.1%)

Key Takeaway

Homes in Kirkland have sold for 7.1% more than they did a month ago.

Summary: The median home sold price in Kirkland was $270,000 in October 2024, up 7.1% from last month, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 -$270K
N/A
4 $252K$259.8K
+3.1%
5+ --
N/A

Summary: Kirkland housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes did not change.

Housing Supply in Kirkland, IL

How many homes are available in Kirkland, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
660.0%

Summary: The Kirkland real estate market had 6 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Kirkland 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kirkland, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Kirkland in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Kirkland, IL

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

Average Sale Time

Sep 2024Oct 2024CHANGE
16 Days30 Days+89.1%

Summary: Homes in Kirkland had an average of 30 days on market in Oct 2024, up by 89.1% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Kirkland; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 Kirkland, IL

Nearby Markets to Kirkland, IL

What housing markets are near Kirkland, IL?