Is Lake Hinsdale Village Condos, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lake Hinsdale Village Condos is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lake Hinsdale Village Condos was a Seller's Market.

Key Takeaway

Lake Hinsdale Village Condos is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Lake Hinsdale Village Condos, IL

How much do homes in Lake Hinsdale Village Condos, IL cost?

Median Sold Price

$342,500

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$23,500(+7.4%)

Key Takeaway

Homes in Lake Hinsdale Village Condos have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Lake Hinsdale Village Condos was $342,500 in October 2024, up 7.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $305K-
N/A
2 $320.5K$330K
+3.0%
3 $305K$358.8K
+17.7%
4 --
N/A
5+ --
N/A

Summary: Lake Hinsdale Village Condos 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 3%, 3 bedroom homes increased by 17.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Lake Hinsdale Village Condos, IL

How many homes are available in Lake Hinsdale Village Condos, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1013+30.0%

Summary: The Lake Hinsdale Village Condos real estate market had 13 homes for sale in October 2024, a 30.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 79
+28.6%
4 00
0.0%
5+ 00
0.0%

Summary: The Lake Hinsdale Village Condos 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 33.3%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lake Hinsdale Village Condos, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Lake Hinsdale Village Condos in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Lake Hinsdale Village Condos, IL

How long does it take to sell a home in Lake Hinsdale Village Condos, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
17 Days26 Days+52.9%

Summary: Homes in Lake Hinsdale Village Condos had an average of 26 days on market in Oct 2024, up by 52.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lake Hinsdale Village Condos are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Lake Hinsdale Village Condos; 50% of homes were sold within 30 days, 50% 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 29 Days Ago

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