Altos Market Data for Realtors

Sugar Grove, IL

Single-Family Homes

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Sugar Grove, IL

Thu Mar 28 2024
This week the median list price for Sugar Grove, IL is $505,000 with the market action index hovering around 60. This is an increase over last month's market action index of 52. Inventory has increased to 13. Click here to stay informed with the Sugar Grove market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Sugar Grove, IL

Thu Mar 28 2024
This week the median list price for Sugar Grove, IL is $505,000 with the market action index hovering around 60. This is an increase over last month's market action index of 52. Inventory has increased to 13. Click here to stay informed with the Sugar Grove market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Sugar Grove market.
Median List Price $505,000
Median Price of New Listings $539,950
Per Square Foot $179
Average Days on Market 56
Median Days on Market 35
Price Decreased 31%
Price Increased 8%
Relisted 0%
Inventory 13
Median Rent
Market Action 60
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$744,900 2,845 0.5 - 1 acre 4 2.5 8 2 0 63
$550,000 3,278 0.25 - 0.5 acre 5 4.5 19 2 1 14
$475,000 2,817 0.25 - 0.5 acre 4 3.5 22 1 0 14
$402,500 1,821 0.5 - 1 acre 3 1.8 60 1 0 119