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 October 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

$428,031

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,276(+7.3%)

Key Takeaway

Homes in Lisle Township have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in Lisle Township was $428,031 in October 2024, up 7.3% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $145K$166.5K
+14.9%
2 $200.1K$235K
+17.4%
3 $390K$419.9K
+7.7%
4 $536.5K$620.6K
+15.7%
5+ $699.9K$700K
0.0%

Summary: Lisle Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 17.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Downers Grove
+9.3%
Naperville
+8.2%
Lisle Township
+7.3%
Woodridge
+7.1%
Lisle
-2.4%

Housing Supply in Lisle Township, IL

How many homes are available in Lisle Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
388398+2.6%

Summary: The Lisle Township real estate market had 398 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3937
-5.1%
2 98106
+8.2%
3 98104
+6.1%
4 114114
0.0%
5+ 3937
-5.1%

Summary: The Lisle Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5.1%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 6.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 5.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107130+21.5%

Asking Price vs. Sold Price

61 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

49 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. 46.9% of homes here sold below asking price last month.

Summary: A total of 130 homes were sold or pending in Lisle Township in October 2024, up by 21.5% month-over-month. Of the 130 sold homes, 47% were sold under asking, 15% were sold at asking, and 38% 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

Oct 2023Oct 2024CHANGE
18 Days16 Days-8.4%

Summary: Homes in Lisle Township had an average of 16 days on market in Oct 2024, down by 8.4% compared to last year.

Breakdown of Home Sale Times

102 Homes Were Sold
Under 30 Days

28 Homes Were Sold
In 30 - 90 Days

0 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 October 2024, 130 homes were sold in Lisle Township; 78% of homes were sold within 30 days, 22% 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 Lisle Township, IL

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What housing markets are near Lisle Township, IL?