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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lisle Township is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Lisle Township, IL

How much do homes in Lisle Township, IL cost?

Median Sold Price

$430,769

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$34,663(+8.8%)

Key Takeaway

Homes in Lisle Township have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Lisle Township was $430,769 in November 2024, up 8.8% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $152.5K$166.8K
+9.4%
2 $203K$237K
+16.7%
3 $390K$420K
+7.7%
4 $545.6K$620K
+13.6%
5+ $712.5K$690K
-3.2%

Summary: Lisle Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes decreased by 3.2%.

Median Sold Price Compared To Nearby Cities

Downers Grove
+8.9%
Lisle Township
+8.8%
Naperville
+8.3%
Woodridge
+7.1%
Lisle
+1.8%

Housing Supply in Lisle Township, IL

How many homes are available in Lisle Township, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
362331-8.6%

Summary: The Lisle Township real estate market had 331 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 3632
-11.1%
2 9689
-7.3%
3 9990
-9.1%
4 10189
-11.9%
5+ 3031
+3.3%

Summary: The Lisle Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 7.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 11.9%, and 5+ bedroom homes increased by 3.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13380-39.8%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

27 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lisle Township, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in Lisle Township in November 2024, down by 39.8% month-over-month. Of the 80 sold homes, 49% were sold under asking, 18% were sold at asking, and 34% were sold over asking.

Days on Market for Lisle Township, IL

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

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days21 Days+1.4%

Summary: Homes in Lisle Township had an average of 21 days on market in Nov 2024, up by 1.4% compared to last year.

Breakdown of Home Sale Times

65 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 80 homes were sold in Lisle Township; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% 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 Lisle Township, IL

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What housing markets are near Lisle Township, IL?