Altos Market Data for Realtors

Peotone, IL

Single-Family Homes

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Peotone, IL

Fri Mar 29 2024
This week the median list price for Peotone, IL is $392,980 with the market action index hovering around 33. This is an increase over last month's market action index of 26. Inventory has decreased to 5. Click here to stay informed with the Peotone market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Peotone, IL

Fri Mar 29 2024
This week the median list price for Peotone, IL is $392,980 with the market action index hovering around 33. This is an increase over last month's market action index of 26. Inventory has decreased to 5. Click here to stay informed with the Peotone market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Peotone market.
Median List Price $392,980
Median Price of New Listings $259,900
Per Square Foot $186
Average Days on Market 416
Median Days on Market 70
Price Decreased 0%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 33
Slight Seller'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.

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
$700,000 3,750 10 - 20 acres 5 3 20 0 0 1911
$399,900 1,800 - 3 2 NaN 0 0 70
$392,980 2,400 0.25 - 0.5 acre 3 3 17 1 0 0
$253,838 1,463 0.25 - 0.5 acre 3 2 119 2 1 49