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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Leyden Township is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Leyden Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Leyden Township, IL

How much do homes in Leyden Township, IL cost?

Median Sold Price

$315,066

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,166(+6.5%)

Key Takeaway

Homes in Leyden Township have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Leyden Township was $315,066 in November 2024, up 6.5% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $112.7K$129K
+14.4%
2 $217.2K$248.7K
+14.5%
3 $311.2K$334.9K
+7.6%
4 $340K$380K
+11.8%
5+ $460K$490K
+6.5%

Summary: Leyden Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.4%, 2 bedroom homes increased by 14.5%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Cities

River Grove
+15.8%
Leyden Township
+6.5%
Franklin Park
+6.2%
Norridge
+4.2%
Schiller Park
+2.9%

Housing Supply in Leyden Township, IL

How many homes are available in Leyden Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
272258-5.1%

Summary: The Leyden Township real estate market had 258 homes for sale in November 2024, a 5.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3225
-21.9%
2 5254
+3.8%
3 115108
-6.1%
4 4944
-10.2%
5+ 2427
+12.5%

Summary: The Leyden Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 21.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
9254-41.3%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Leyden Township, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Leyden Township in November 2024, down by 41.3% month-over-month. Of the 54 sold homes, 44% were sold under asking, 15% were sold at asking, and 41% were sold over asking.

Days on Market for Leyden Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days25 Days+8.9%

Summary: Homes in Leyden Township had an average of 25 days on market in Nov 2024, up by 8.9% compared to last year.

Breakdown of Home Sale Times

39 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 54 homes were sold in Leyden Township; 72% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 6% 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 22 Days Ago

Newest Listings in Leyden Township, IL

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