Clarendon Hills, IL 60514 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The primary market indicator is $665,000 median sold price, which anchors recent transaction values and suggests pricing strength in Clarendon Hills; hot market temperature supports persistence of seller leverage despite mixed signals.
2. Liquidity appears muted given the long median days on market of 396, which suggests slower sales velocity even as transactions that do occur settle at the neighborhood’s established median sold price.
3. Pricing context shows a $369 median price per square foot, indicating realized per-unit values for closed transactions and providing a concrete benchmark for appraisals and competitive pricing by sellers.
4. Macro and rental signals: year-over-year price movement is flat while rent is $2,400 median market rent with a rent trend that is up; however, elevated interest rate pressure (elevated) may temper buyer sensitivity and slow near-term turnover.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.