$3,799 Closing Credit¹
John Szymczak, Listing Office: SYM Group, Inc.
Indian Head Park Housing Market Report December 2024•Cook County, Illinois
Housing Prices in Indian Head Park, IL
How much do homes in Indian Head Park, IL cost?
Housing Market Conditions
Is Indian Head Park, IL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Indian Head Park is a Seller's Market
Difference Since December 2023
Since last year, Indian Head Park has remained a Seller's Market.
Insight
Indian Head Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$350,000$220/SqFt
+$10,000
+2.9%
Based on all homes sold in the last 12 months
Insight
Homes in Indian Head Park have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Indian Head Park was $350,000 in December 2024, up 2.9% from last year, and the median price per square foot was $220.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Countryside | $309K | $385K | +24.6% |
| Burr Ridge | $630K | $775K | +23.0% |
| Hinsdale | $1.0M | $1.2M | +20.8% |
| Lyons Township | $366.6K | $419.7K | +14.5% |
| Indian Head Park | $340K | $350K | +2.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $125K | $145.5K | +16.4% |
| 22 Bedrooms | $251.5K | $277.5K | +10.3% |
| 33 Bedrooms | $369.9K | $365K | -1.3% |
| 44 Bedrooms | $785K | $692.5K | -11.8% |
| 55+ Bedrooms | $918K | $1.1M | +23.5% |
Summary: Indian Head Park housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +16.4%. The home price for 2 bedroom homes increased by +10.3%. The home price for 3 bedroom homes decreased by -1.3%. The home price for 4 bedroom homes decreased by -11.8%. The home price for 5 bedroom homes increased by +23.5%.
Housing supply in Indian Head Park, IL
How many homes are available in Indian Head Park, IL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthDec 2024 | ||
| 242 months agoNov 2024 | -20.8 % Change MoMNov – Dec |
Summary: The Indian Head Park real estate market had 19 homes for sale in Dec 2024, a 20.8 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthDec 2024 | ||
| 92 months agoNov 2024 | -44.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 2 | -33.3% |
| 22 Bedrooms | 11 | 8 | -27.3% |
| 33 Bedrooms | 8 | 8 | 0.0% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Indian Head Park housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes decreased by -33.3%. The inventory for 2 bedroom homes decreased by -27.3%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Indian Head Park, IL cost?
Over Asking Price3 Homes
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in Indian Head Park, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 5 homes were sold or pending in Indian Head Park in December 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and and 60% were sold over asking.
Days on Market for Indian Head Park, IL
How long does it take to sell a home in Indian Head Park, IL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Indian Head Park are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 5 homes were sold in Indian Head Park; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 7 DaysThis YearDec 2024 | ||
| 41 Days1 year agoDec 2023 | -81.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Indian Head Park had an average listing age of 7 days in Dec 2024, down by 81.3% compared to the previous year.
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Newest Listings in Indian Head Park, IL
What homes are available in Indian Head Park, IL?
Backup offers
$2,374 Closing Credit¹
Ivan Santos, Listing Office: O'Neil Property Group, LLC
$4,750 Closing Credit¹
Tom Hinshaw, Listing Office: Baird & Warner
Backup offers
$3,978 Closing Credit¹
Heather Martinez, Listing Office: Keller Williams Infinity
Backup offers
$3,444 Closing Credit¹
Michael Carr, Listing Office: GMC Realty LTD
Backup offers
$4,749 Closing Credit¹
Anne Monckton, Listing Office: @properties Christie's International Real Estate
Backup offers
$1,900 Closing Credit¹
Kristiana Yordanova, Listing Office: Coldwell Banker Realty
Backup offers
$10,000 Closing Credit¹
Mohammed Ismail, Listing Office: First Illinois Realty
Backup offers
$4,750 Closing Credit¹
Eric Cwiak, Listing Office: Keller Williams Infinity
$4,572 Closing Credit¹
Matthew McGrath, Listing Office: Listing Leaders Northwest, Inc
$3,384 Closing Credit¹
Caryn Chibucos, Listing Office: Town Realty, LLC
Dominick Cannata, Listing Office: Brookline Real Estate LLC
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Based on information from Midwest Real Estate Data, for the period 01/01/2023 - 01/01/2025
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