Burr Ridge, IL
Housing market overview · Updated weekly
$1.07Mmedian sale price
Homes sold
15
Last 12 weeks
Days on market
91
Average pace
Active listings
34
2.3 months supply
Sale-to-list
93.7%
Below asking
The Burr Ridge housing market is currently classified as a balanced market with a median sale price of $1.07M. Prices have risen 7.5% compared to last year, with homes spending an average of 91 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Burr Ridge
There are currently 34 homes listed for sale in Burr Ridge, Illinois. The median listing price is $1.3M.
Active listings
34
Homes on market
Median list price
$1.3M
Avg. days on market
91
Days until sale
New this week
12
Newly listed
Explore nearby cities in IL
Frequently asked questions
What is the average home price in Burr Ridge?
The median home sale price in Burr Ridge is $1.07M, up 7.5% from last year.
How long do homes stay on market in Burr Ridge?
Homes typically spend 91 days on market before going under contract.
Is Burr Ridge a buyer's or seller's market?
With 2.3 months of supply, Burr Ridge is currently a balanced market.
Get Burr Ridge market alerts
Weekly updates on prices, inventory, and trends. Free forever.