Altos Market Data for Realtors

Harvard, IL

Single-Family Homes

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Harvard, IL

Thu Apr 25 2024
This week the median list price for Harvard, IL is $360,000 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has held steady at or around 11. Click here to stay informed with the Harvard market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Harvard, IL

Thu Apr 25 2024
This week the median list price for Harvard, IL is $360,000 with the market action index hovering around 46. This is an increase over last month's market action index of 43. Inventory has held steady at or around 11. Click here to stay informed with the Harvard market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Harvard market.
Median List Price $360,000
Median Price of New Listings $310,000
Per Square Foot $180
Average Days on Market 36
Median Days on Market 28
Price Decreased 55%
Price Increased 0%
Relisted 27%
Inventory 11
Median Rent
Market Action 46
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$4,228,750 10,343 N/A 4 3 54 0 0 49
$574,900 2,332 5 - 10 acres 3 2.5 34 0 0 49
$330,000 2,057 2.5 - 5 acres 3 2 19 1 0 14
$150,000 2,054 8,000 - 10,000 sqft 4 2 0 1 0 28