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Key Takeaways DuPage County was a seller’s market in June. Prices grew four times faster than the national pace, and more than half of homes sold above asking price. The median sale price reached $477,652, up 9% year over year, as sellers gained new pricing confidence. New listings jumped 16%, the largest monthly supply increase in more than a year. DuPage County, IL Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $477,652 (+8.6% YoY) 1,284 (+3.4% YoY) 3,924 (+9.0% YoY) 44 days (+1 day YoY) 51.3% (-2.7 ppt YoY) DuPage County’s housing market delivered strong seller returns in June, though new cracks appeared beneath the surface. Prices climbed and homes moved quickly, yet inventory expanded at a notably faster clip than recent months. The combination meant sellers captured outsized gains while buyers-for the first time in over a year-saw a meaningful increase in available options. Here’s...

Key Takeaways Cook County crossed a milestone in June: more than half of homes sold above their asking price for the first time since mid-2022, while national above-list rates remained near historic lows. The median sale price reached $398,875, up 6% year over year—triple the national rate of price growth. Pending sales jumped 9% year over year, signaling a burst of buyer activity heading into summer. Cook County, IL Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $398,875 (+6.4% YoY) 6,486 (+8.7% YoY) 21,303 (-1.0% YoY) 47 days (-1 day YoY) 51.3% (+4.4 ppt YoY) Cook County’s housing market shifted into a higher gear in June. Prices ran well ahead of the national pace, bidding wars crossed into majority territory, and pending sales posted their sharpest annual gain since early 2025. Even as more sellers listed, available inventory fell from a year ago. The overall picture was a market delivering stro...

Key takeaways:  Look for homes with renter-friendly features, including functional layouts, desirable amenities, and low-maintenance finishes. Research the neighborhood’s rental demand by reviewing rental rates, vacancy trends, job growth, and local amenities. Estimate potential rental income by comparing similar properties and accounting for expenses like maintenance, taxes, and insurance. Consider long-term costs and avoid common mistakes, such as relying on asking rents or overlooking rental restrictions. Buying a home is a big decision, and even if you plan to live there for years, it’s worth thinking about its future possibilities. Knowing how to spot a home with rental potential can give you more flexibility if your plans change, whether you relocate, upgrade to a new home, or decide to generate rental income. In this Redfin guide, we’ll walk through the key signs that a home could make a successful rental property in the future, ...

Key Takeaways New construction pros : Modern design, built-in energy efficiency, lower initial maintenance, and custom finish options. Existing home pros : Faster move-in timelines, lower average upfront costs, unique architectural variety, and established neighborhoods. The deciding factor : Choose based on your budget flexibility, style preference, desired move-in timeline, and willingness to manage immediate home repairs. The decision between new construction and an existing home can be a difficult one for both first-time buyers and seasoned property owners alike. Whether you’re looking for your new-build dream home in Albuquerque, NM or a charming vacation house in Hilton Head Island, SC , this Redfin real estate article covers all the pros and cons to help you determine if it’s better to buy a new construction or existing home so you don’t have any buyer’s remorse. What is a new construction home? A new construction home is a newly built house that hasn’t been lived in ...

Key Takeaways Lake County prices outpaced the nation by a wide margin in June. The median sale price rose 6% year over year to $443,748, nearly triple the national rate of price growth. Pending sales jumped 13% year over year—the strongest monthly gain in over a year—even as inventory grew 6% and new listings surged 17%. More than half of homes sold above list price, and the typical listing went under contract within two weeks, signaling persistent buyer urgency. Lake County, IL Housing Market Snapshot Median Sale Price Pending Sales Active Listings Days on Market Sold Above List $443,748 (+6.3% YoY) 1,077 (+13.3% YoY) 3,251 (+5.6% YoY) 46 days (+1 day YoY) 51.1% (-2.5 ppt YoY) Lake County’s housing market picked up speed in June. Prices posted their fastest annual gain since early 2025, pending sales surged by double digits, and homes continued to sell above asking. A meaningful increase in new listings gave buyers more to choose from, but demand absorbed...