Elmhurst, IL Homes for Sale & Real Estate Listings

In June 2025, the Elmhurst housing market experienced a notable shift, with home prices down 15.6% year-over-year, bringing the median sale price to $650K. Despite the price drop, homes sold faster, averaging 45 days on the market compared to 58 days last year, suggesting strong buyer activity. Sales volume also increased significantly, with 75 homes sold this June versus 54 a year ago. This combination of lower prices, quicker sales, and higher transaction volume points to a market where competitive pricing is driving increased buyer demand and faster turnover.

The Elmhurst housing market is somewhat competitive, with homes typically selling in about 45 days. Most properties sell around the list price, reflecting steady demand, while desirable and well-priced homes can attract multiple offers, selling for up to 4% above asking and going pending in as little as 28 days. This indicates that while buyers generally have time to evaluate options, competition remains strong for standout homes.

Elmhurst, IL was a seller’s market in June 2025, meaning buyer demand exceeded available housing inventory. This created favorable conditions for sellers, as limited supply led to stronger competition among buyers. Well-priced homes were more likely to sell quickly, sometimes attracting multiple offers or selling at or above the asking price, while buyers faced increased pressure to act quickly in this competitive environment.