Is Saint Charles, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Saint Charles has remained a Seller's Market.
Housing Prices in Saint Charles, IL
How much do homes in Saint Charles, IL cost?
Median Sold Price
$393,666
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Saint Charles was $393,666 in May 2024, up 4.4% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | $128.5K | -50.6% |
2 Bedrooms | $290K | $315K | +8.6% |
3 Bedrooms | $335K | $373K | +11.3% |
4 Bedrooms | $545K | $488.7K | -10.3% |
5+ Bedrooms | $577.7K | $695K | +20.3% |
Summary: Saint Charles housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 50.6%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 20.3%.
Median Sold Price Compared To Nearby Cities
Wayne | $650K | $730K | +12.3% |
Geneva Township | $414.4K | $455K | +9.8% |
Geneva | $414.9K | $455K | +9.7% |
Saint Charles Township | $415K | $441K | +6.3% |
Saint Charles | $377.1K | $393.6K | +4.4% |
Housing Supply in Saint Charles, IL
How many homes are available in Saint Charles, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
115 | 135 | +17.4% |
Summary: The Saint Charles real estate market had 135 homes for sale in May 2024, a 17.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 25 | +19.0% |
3 Bedrooms | 52 | 58 | +11.5% |
4 Bedrooms | 36 | 38 | +5.6% |
5+ Bedrooms | 6 | 14 | +133.3% |
Summary: The Saint Charles housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 19%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 133.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
32 | 52 | +62.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Saint Charles in May 2024, up by 62.5% month-over-month. Of the 52 sold homes, 15% were sold under asking, 23% were sold at asking, and 62% were sold over asking.
Days on Market for Saint Charles, IL
How long does it take to sell a home in Saint Charles, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 13 Days | +14.3% |
Summary: Homes in Saint Charles had an average of 13 days on market in May 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 52 homes were sold in Saint Charles; 90% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.