Altos Market Data for Realtors

Stone Park, IL

Single-Family Homes

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Stone Park, IL

Tue Apr 23 2024
This week the median list price for Stone Park, IL is $244,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 4. Click here to stay informed with the Stone Park market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, 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.

Stone Park, IL

Tue Apr 23 2024
This week the median list price for Stone Park, IL is $244,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 4. Click here to stay informed with the Stone Park market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in a Seller’s market, 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 Stone Park market.
Median List Price $244,000
Median Price of New Listings $0
Per Square Foot $182
Average Days on Market 137
Median Days on Market 147
Price Decreased 75%
Price Increased 25%
Relisted 25%
Inventory 4
Median Rent
Market Action 35
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for 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
$435,000 2,000 0 - 4,500 sqft 3 2.5 1 0 0 35
$259,000 1,700 0.25 - 0.5 acre 3 1 71 0 0 84
$229,000 1,071 0 - 4,500 sqft 4 2 63 0 0 217
$137,900 1,247 6,500 - 8,000 sqft 3 1 76 0 0 210