Glen Ellyn Real Estate & Homes for Sale

In January 2025, Glen Ellyn's housing market saw notable growth, with home prices rising 10.0% year-over-year to a median sale price of $539K. Homes are selling slightly faster, averaging 65 days on the market compared to 70 days last year, indicating increasing buyer demand. Additionally, sales activity has picked up, with 25 homes sold this January, up from 19 a year ago—a sign of a more active and dynamic market.

The Glen Ellyn housing market is moderately competitive, with homes typically selling in an average of 62.5 days. While some properties receive multiple offers, most homes sell for about 1% below the listing price and go pending within approximately 63 days. However, highly sought-after properties, or "hot homes," can sell for around 1% above the asking price and go pending in as little as 36 days, reflecting strong demand in select segments of the market.

As of January 2025, Glen Ellyn, IL, is experiencing a seller’s market, meaning demand for homes exceeds the available supply. This competitive environment gives sellers an advantage, often leading to quicker sales and potentially higher prices, especially for well-priced and move-in-ready properties. Buyers may need to act swiftly and be prepared for competitive bidding in certain price ranges.