Norridge, IL

Balanced market-3.1% YoY

Housing market overview · Updated weekly

$416,500median sale price

Homes sold

10

Last 12 weeks

Days on market

70

Average pace

Active listings

26

2.6 months supply

Sale-to-list

99.1%

Below asking

The Norridge housing market is currently classified as a balanced market with a median sale price of $416,500. Prices have fallen 3.1% compared to last year, with homes spending an average of 70 days on market, indicating 2.6 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 Norridge

There are currently 26 homes listed for sale in Norridge, Illinois. The median listing price is $425K.

Active listings

26

Homes on market

Median list price

$425K

Avg. days on market

70

Days until sale

New this week

11

Newly listed

Price drops:15.4%of listings
Sale-to-list:99.1%

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Frequently asked questions

What is the average home price in Norridge?

The median home sale price in Norridge is $416,500, down 3.1% from last year.

How long do homes stay on market in Norridge?

Homes typically spend 70 days on market before going under contract.

Is Norridge a buyer's or seller's market?

With 2.6 months of supply, Norridge is currently a balanced market.

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