Altos Market Data for Realtors

Skokie, IL

Single-Family Homes

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Skokie, IL

Fri Mar 29 2024
This week the median list price for Skokie, IL is $509,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 20. Click here to stay informed with the Skokie market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Skokie, IL

Fri Mar 29 2024
This week the median list price for Skokie, IL is $509,000 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 20. Click here to stay informed with the Skokie market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Skokie market.
Median List Price $509,000
Median Price of New Listings $469,000
Per Square Foot $295
Average Days on Market 106
Median Days on Market 35
Price Decreased 20%
Price Increased 0%
Relisted 15%
Inventory 20
Median Rent
Market Action 58
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
$999,900 4,100 8,000 - 10,000 sqft 5 3.5 62 0 0 35
$539,000 1,900 6,500 - 8,000 sqft 4 2 65 0 1 147
$469,000 1,459 4,500 - 6,500 sqft 3 2.5 65 5 1 0
$399,000 1,348 4,500 - 6,500 sqft 3 2 70 0 1 105