Single-Family Homes
Fri Apr 26 2024
This week the median list price for Herscher, IL is $212,387 with the market action index hovering around 22. This is less than last month's market action index of 24. Inventory has increased to 2.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $212,387 | |
Median Price of New Listings | $0 | |
Per Square Foot | $138 | |
Average Days on Market | 88 | |
Median Days on Market | 88 | |
Price Decreased | 50% | |
Price Increased | 50% | |
Relisted | 50% | |
Inventory | 2 | |
Median Rent | ||
Market Action | 22 | |
Slight Buyer's Advantage |
Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.
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 |
$234,875 | 1,912 | 6,500 - 8,000 sqft | 4 | 2.5 | 134 | 0 | 1 | 21 |
$189,900 | 1,230 | - | 3 | 1 | 65 | 0 | 0 | 154 |