Elmhurst Market Report · IL Home Values
Elmhurst, IL holds about 17,753 homes, with a median year built of 1966. Elmhurst is in DuPage County. The median home was built in 1966. The housing mixes single-family detached homes and multi-unit buildings. The Illinois Prairie Path and Wilder Park are in town. The train from Elmhurst station reaches the Loop in about 45 minutes.
The Elmhurst median sold price stands at $680,676, up 13.4% over 11 months. The twelve-month high was $754,500. 535 homes closed over the period, averaging 99.5% of list price most recently, with a median 50 days on market.
Read the trend, not the single month. Elmhurst pricing follows preparation and seasonality more than it follows rate news, and the spread between prepared and unprepared homes is wider than the median suggests. A street-level read is a different number from the one above, and the table below is where it starts.
Data provided by Redfin, a national real estate brokerage, and the U.S. Census Bureau's American Community Survey.
Elmhurst by the month
12 months of Elmhurst closings. Each panel is one series; the table carries every figure.
Data provided by Redfin, a national real estate brokerage, and the U.S. Census Bureau's American Community Survey.
Twelve months of Elmhurst closings
| Month | Median sold | Closed | New listings | Median days on market | List-to-sale |
|---|---|---|---|---|---|
| 11 months ago | $600,000 | 42 | 47 | 51 | 100.1% |
| 10 months ago | $635,000 | 35 | 43 | 50 | 100.4% |
| 9 months ago | $575,500 | 36 | 33 | 51 | 99.5% |
| 8 months ago | $596,500 | 29 | 32 | 55 | 98.8% |
| 7 months ago | $600,000 | 31 | 40 | 59 | 97.8% |
| 6 months ago | $725,000 | 30 | 56 | 50 | 98.3% |
| 5 months ago | $700,000 | 43 | 64 | 48 | 98.8% |
| 4 months ago | $754,500 | 52 | 68 | 44 | 100.2% |
| 3 months ago | $700,000 | 63 | 66 | 44 | 100.4% |
| 2 months ago | $705,000 | 64 | 57 | 45 | 100.8% |
| 1 month ago | $697,500 | 60 | 49 | 49 | 100.2% |
| Latest | $680,676 | 50 | 45 | 50 | 99.5% |
Data provided by Redfin, a national real estate brokerage, and the U.S. Census Bureau's American Community Survey.
What the Elmhurst numbers say
The median Elmhurst home sold for $680,676, up 13.4% from $600,000 eleven months earlier. The twelve-month high was $754,500.
The median home spent about seven weeks on the market and homes closed at 99.5% of list price. That is 1 day faster than eleven months earlier.
At the pace of the last three months, the 101 homes on the market in Elmhurst represent about 1.7 months of supply: less than four months, which is the range where prepared homes tend to clear quickly and buyers have little room to wait.
Buyers have room to read a listing's history before writing, and a price that has sat is a price worth asking about. Sellers are getting close to their asking price, which usually means the price was set against recent comparable sales rather than against what neighbors are asking.
Data provided by Redfin, a national real estate brokerage, and the U.S. Census Bureau's American Community Survey.