Altos Market Data for Realtors

Wonder Lake, IL

Single-Family Homes

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Wonder Lake, IL

Thu Mar 28 2024
This week the median list price for Wonder Lake, IL is $359,990 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has decreased to 21. Click here to stay informed with the Wonder Lake 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.

Wonder Lake, IL

Thu Mar 28 2024
This week the median list price for Wonder Lake, IL is $359,990 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has decreased to 21. Click here to stay informed with the Wonder Lake 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 Wonder Lake market.
Median List Price $359,990
Median Price of New Listings $424,995
Per Square Foot $185
Average Days on Market 59
Median Days on Market 42
Price Decreased 24%
Price Increased 33%
Relisted 33%
Inventory 21
Median Rent
Market Action 45
Strong Seller's Market

The market is 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
$425,000 2,155 0.25 - 0.5 acre 4 2.5 1 4 0 0
$384,940 2,051 - 3 2.5 1 0 1 105
$344,990 1,863 - 2 2 1 1 1 49
$257,400 1,552 6,500 - 8,000 sqft 2 2 2 1 2 35