Elmhurst, IL Housing Market Report – March 2025
As of March 2025, Elmhurst, Illinois, presents a dynamic housing market characterized by significant fluctuations in home prices, varying market competitiveness, and notable shifts in inventory levels. Below is an updated overview based on the most current data:
Median Home Prices:
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Redfin: In February 2025, Elmhurst homes sold for a median price of $450,000, reflecting a 23.4% decrease compared to the same month in the previous year.
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Zillow: The average home value in Elmhurst's 60126 ZIP code is $555,595, marking a 5.4% year-over-year increase.
Market Activity:
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Homes for Sale: The number of active listings in Elmhurst increased by 30.6% from January to February 2025, reaching 141 homes for sale.
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Homes Sold: There were 28 homes sold in February 2025, a 35.7% decrease from the 44 sales in January 2025.
Market Competitiveness:
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Redfin Market Score: Elmhurst's market is considered somewhat competitive, scoring 43 out of 100. Homes typically receive multiple offers and remain on the market for an average of 45 days, improved from 96 days during the same period last year.
Outlook: The Elmhurst housing market exhibits mixed trends, with significant year-over-year price decreases and increased inventory levels. Prospective buyers may find opportunities amid these changes, while sellers should be mindful of the evolving market dynamics. Consulting with local real estate professionals is advisable to navigate the current landscape effectively.
For personalized insights or assistance with buying or selling in Elmhurst, contact Frank "Campo" Campobasso at Century 21 Circle.
Frank "Campo" Campobasso
Century 21 Circle
Phone: 773-425-6265
