Hinsdale, IL Homes for Sale & Real Estate Listings

In January 2024, the real estate market in Hinsdale saw a significant increase, with home prices rising by 15.4% compared to the previous year, reaching a median sale price of $1.4M. Homes in Hinsdale are selling faster, with the average property spending 62 days on the market, down from 83 days last year. Sales volume also increased slightly, with 10 homes sold in January this year, up from 9 in the same period last year.

The Hinsdale housing market is relatively inactive, with homes typically taking around 100 days to sell. It's uncommon for listings to receive multiple offers, and on average, properties sell for approximately 4% less than their listing price, becoming pending in about 100 days. However, more desirable, or "hot," homes might sell closer to their asking price, about 1% below, and tend to go pending in roughly 45 days.

Nationally, Hinsdale attracted 3% of its homebuyers from outside metro areas, with the largest interest coming from New York, followed by St. Louis and San Francisco. This trend highlights Hinsdale's appeal to buyers from diverse and distant metropolitan regions, indicating its growing popularity and desirability as a residential location.