Altos Market Data for Realtors

Carpentersville, IL

Single-Family Homes

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Carpentersville, IL

Fri Mar 29 2024
This week the median list price for Carpentersville, IL is $299,900 with the market action index hovering around 67. This is an increase over last month's market action index of 59. Inventory has decreased to 9. Click here to stay informed with the Carpentersville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Carpentersville, IL

Fri Mar 29 2024
This week the median list price for Carpentersville, IL is $299,900 with the market action index hovering around 67. This is an increase over last month's market action index of 59. Inventory has decreased to 9. Click here to stay informed with the Carpentersville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Carpentersville market.
Median List Price $299,900
Median Price of New Listings $255,000
Per Square Foot $205
Average Days on Market 64
Median Days on Market 49
Price Decreased 33%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 67
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$584,500 2,380 1 - 2.5 acres 3 2.8 51 1 0 126
$366,500 1,977 0.25 - 0.5 acre 3 2.3 102 0 2 91
$277,450 1,213 - 4 1.8 62 1 2 24
$239,000 1,000 6,500 - 8,000 sqft 3 1 64 1 2 42