Altos Market Data for Realtors

Essex, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com


Current active inventory in Essex, IL is very low. Keep this in mind when looking at this report.

Essex, IL

Fri Apr 19 2024
This week the median list price for Essex, IL is $462,450 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 2. Click here to stay informed with the Essex market!

Market Action Index

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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Essex, IL

Fri Apr 19 2024
This week the median list price for Essex, IL is $462,450 with the market action index hovering around 18. This is about the same as last month's market action index of 18. Inventory has held steady at or around 2. Click here to stay informed with the Essex market!

Market Action Index

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

Slight Buyer's Advantage

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Essex market.
Median List Price $462,450
Median Price of New Listings $0
Per Square Foot $416
Average Days on Market 2065
Median Days on Market 2065
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 18
Slight Buyer's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$750,000 1,000 10 - 20 acres 2 1 72 0 0 4102
$174,900 2,124 - 4 2 NaN 0 0 28