Altos Market Data for Realtors

Berkeley, IL

Single-Family Homes

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Berkeley, IL

Thu Mar 28 2024
This week the median list price for Berkeley, IL is $324,500 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has decreased to 4. Click here to stay informed with the Berkeley market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Berkeley, IL

Thu Mar 28 2024
This week the median list price for Berkeley, IL is $324,500 with the market action index hovering around 49. This is less than last month's market action index of 51. Inventory has decreased to 4. Click here to stay informed with the Berkeley market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Berkeley market.
Median List Price $324,500
Median Price of New Listings $0
Per Square Foot $221
Average Days on Market 88
Median Days on Market 28
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 49
Strong Seller's Market

The market seems to have paused around this plateau. 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
$399,000 3,200 6,500 - 8,000 sqft 4 3 14 0 0 7
$374,000 2,230 6,500 - 8,000 sqft 4 3 68 0 0 287
$275,000 870 6,500 - 8,000 sqft 2 2 70 0 1 35
$248,000 896 4,500 - 6,500 sqft 2 1 72 0 0 21