Elk Grove Village, IL
Housing market overview · Updated weekly
$351,625median sale price
Homes sold
28
Last 12 weeks
Days on market
81
Average pace
Active listings
51
1.8 months supply
Sale-to-list
99.1%
Below asking
The Elk Grove Village housing market is currently classified as a seller's market with a median sale price of $351,625. Prices have fallen 1.6% compared to last year, with homes spending an average of 81 days on market, indicating 1.8 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
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Frequently asked questions
What is the average home price in Elk Grove Village?
The median home sale price in Elk Grove Village is $351,625, down 1.6% from last year.
How long do homes stay on market in Elk Grove Village?
Homes typically spend 81 days on market before going under contract.
Is Elk Grove Village a buyer's or seller's market?
With 1.8 months of supply, Elk Grove Village is currently a seller's market.
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