Is Burr Ridge a buyer's or seller's market right now?

Burr Ridge is currently a seller's market with 2.3 months of supply. 6.7% of homes sell above asking price, and 58.3% go pending within two weeks. The Ridley Sell Score for Burr Ridge is 49/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Burr Ridge?

The median home price in Burr Ridge is $1,070,000, up 7.5% year-over-year. The median price per square foot is $267. Homes sell in a median of 91 days with a sale-to-list ratio of 93.7%.

How much does it cost to sell a home in Burr Ridge, Illinois?

On a $1,070,000 home in Burr Ridge, a traditional listing agent charges around $32,100 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $85,600 or more. With Ridley Essentials ($999) you save $31,101, and with Ridley Pro ($3,499) you save $28,601 while getting full agent support.

How does Ridley's flat fee compare to a traditional Burr Ridge agent?

A traditional Burr Ridge listing agent typically charges 3% of the sale price — about $32,100 on a $1,070,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $31,101–$28,601 compared to a traditional agent.

How long does it take to sell a home in Burr Ridge?

The median home in Burr Ridge currently spends 91 days on the market before going under contract, up 13% from last year. 58.3% of homes go pending within two weeks. At a 93.7% sale-to-list ratio, sellers are seeing some negotiation. Only 14.7% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Illinois?

No. Illinois does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $1,070,000 home, that could save you up to $28,601.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Illinois. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $32,100 commission.

National/Illinois

Burr Ridge, IL

Is Now a Good Time to Sell in Burr Ridge, Illinois?

The median home in Burr Ridge sells for $1,070,000 with prices up 7.5% year-over-year. The average seller pays $32,100 in commissions — Ridley’s flat fee saves you $28,601.

Burr Ridge Real Estate Market Conditions — April 2026

49out of 100

Ridley Sell Score

How it's scored →

Cooling

49/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Burr Ridge market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessFavors sellers

2.3 months of supply — below the 5-month balanced threshold — in line with the Illinois average of 2.3.

Price MomentumNeutral

Prices up 7.5% year-over-year — vs. +11.7% statewide.

Seller LeverageFavors buyers

Homes selling at 93.7% of asking — buyers are negotiating 6.3% below list. Illinois average is 96.8%.

Bidding ActivityFavors buyers

6.7% of homes selling above list price — 71% below the Illinois average of 22.8%.

Sale SpeedFavors buyers

91 median days on market — 16 days slower than the Illinois average.

Market UrgencyFavors sellers

58.3% of listings go pending within 2 weeks — vs. 25.8% statewide.

Price StabilityNeutral

Only 14.7% of listings have dropped their price — sellers are holding firm. Illinois average is 13.6%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$1,070,000

+7.5%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+13%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$267

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

93.7%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.3

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Not Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

6.7%

Room to negotiate

Price Drops

Percentage of active listings that had a price reduction.

14.7%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

58.3%

Fast-moving

12-Month Price Trend

$767,500 → $1,070,000

▲39.4%

$2.5M$2.0M$1.5M$1.0M

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Burr Ridge — delivered monthly.

Your savings

How much can you save selling your home in Burr Ridge?

The average Burr Ridge homeowner saves $28,601 by selling with Ridley instead of paying the traditional 3% listing commission on a $1,070,000 home.

$0Estimated savings

That could fund a full kitchen remodel — save 2.7% of your home value

Your Burr Ridge home value

$1,070,000

$50,000$10M

Traditional Agent (3%)

$32,100

Ridley Pro (flat fee)

$3,499

Ready to sell in Burr Ridge?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Burr Ridge?

The total cost to sell a house in Burr Ridge in 2026 ranges from $999 with Ridley Essentials to approximately $32,100 with a traditional 3% commission on a $1,070,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$32,100	$3,499	$999	$0
Buyer agent	$29,9602.8% avg	$21,400~2% avg	$21,400~2% avg	$29,9602.8% avg
Closing costs (~1.5%)	$16,050	$16,050	$16,050	$16,050
Total cost	$78,110	$40,949	$38,449	$46,010
Net proceeds	$991,890	$1,029,051	$1,031,551	$1,023,990
You save	—	$37,161	$39,661	$32,100No support