Altos Market Data for Realtors

Lafox, IL

Single-Family Homes

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

Lafox, IL

Sat Apr 20 2024
This week the median list price for Lafox, IL is $579,900 with the market action index hovering around 4. This is an increase over last month's market action index of 3. Inventory has held steady at or around 1. Click here to stay informed with the Lafox market!

Market Action Index

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

Strong Buyer's Market

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Lafox, IL

Sat Apr 20 2024
This week the median list price for Lafox, IL is $579,900 with the market action index hovering around 4. This is an increase over last month's market action index of 3. Inventory has held steady at or around 1. Click here to stay informed with the Lafox market!

Market Action Index

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

Strong Buyer's Market

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Lafox market.
Median List Price $579,900
Median Price of New Listings $0
Per Square Foot $289
Average Days on Market 217
Median Days on Market 217
Price Decreased 100%
Price Increased 0%
Relisted 100%
Inventory 1
Median Rent
Market Action 4
Strong Buyer'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
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$579,900 2,000 1 - 2.5 acres 1 2 153 0 0 217