How's Chicago's Real Estate Market?

Kenilworth, IL

Single-Family Homes

312-961-6212



Kenilworth, IL

Tue May 18 2021
This week the median list price for Kenilworth, IL is $2,195,000 with the market action index hovering around 29. This is less than last month's market action index of 33. Inventory has decreased to 19. Click here to stay informed with the Kenilworth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Kenilworth, IL

Tue May 18 2021
This week the median list price for Kenilworth, IL is $2,195,000 with the market action index hovering around 29. This is less than last month's market action index of 33. Inventory has decreased to 19. Click here to stay informed with the Kenilworth market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Kenilworth market.
Median List Price $2,195,000
Median Price of New Listings $2,650,000
Per Square Foot $453
Average Days on Market 131
Median Days on Market 63
Price Decreased 53%
Price Increased 0%
Relisted 32%
Inventory 19
Median Rent $7,325
Market Action 29
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,445,000 7,637 0.5 - 1 acre 6 7 92 0 0 45
$2,795,000 6,487 0.25 - 0.5 acre 6 5 14 1 1 63
$1,850,000 3,752 0.25 - 0.5 acre 5 4 95 0 1 56
$885,000 2,529 6,500 - 8,000 sqft 4 3 107 0 2 63