Long Grove, IL

Leaning buyer's-1.8% YoY

Housing market overview · Updated weekly

$860,000median sale price

Homes sold

6

Last 12 weeks

Days on market

103

Average pace

Active listings

20

3.3 months supply

Sale-to-list

95.5%

Below asking

The Long Grove housing market is currently classified as a leaning buyer's with a median sale price of $860,000. Prices have fallen 1.8% compared to last year, with homes spending an average of 103 days on market, indicating 3.3 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 Long Grove

There are currently 20 homes listed for sale in Long Grove, Illinois. The median listing price is $990K.

Active listings

20

Homes on market

Median list price

$990K

Avg. days on market

103

Days until sale

New this week

10

Newly listed

Price drops:20.0%of listings
Sale-to-list:95.5%

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Frequently asked questions

What is the average home price in Long Grove?

The median home sale price in Long Grove is $860,000, down 1.8% from last year.

How long do homes stay on market in Long Grove?

Homes typically spend 103 days on market before going under contract.

Is Long Grove a buyer's or seller's market?

With 3.3 months of supply, Long Grove is currently a leaning buyer's.

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