Altos Market Data for Realtors

Crest Hill, IL

Single-Family Homes

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Crest Hill, IL

Tue Apr 23 2024
This week the median list price for Crest Hill, IL is $369,900 with the market action index hovering around 64. This is about the same as last month's market action index of 64. Inventory has increased to 9. Click here to stay informed with the Crest Hill market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Crest Hill, IL

Tue Apr 23 2024
This week the median list price for Crest Hill, IL is $369,900 with the market action index hovering around 64. This is about the same as last month's market action index of 64. Inventory has increased to 9. Click here to stay informed with the Crest Hill market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Crest Hill market.
Median List Price $369,900
Median Price of New Listings $369,900
Per Square Foot $172
Average Days on Market 67
Median Days on Market 28
Price Decreased 22%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 64
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$402,500 2,605 6,500 - 8,000 sqft 4 3 20 2 0 98
$384,900 2,070 - 2 2.5 21 0 0 24
$362,400 2,088 0.25 - 0.5 acre 2 2 17 1 0 17
$309,900 1,902 0.25 - 0.5 acre 2 2 22 2 0 42