Altos Market Data for Realtors

Glen Ellyn, IL

Single-Family Homes

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Glen Ellyn, IL

Wed Oct 20 2021
This week the median list price for Glen Ellyn, IL is $512,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 82. Click here to stay informed with the Glen Ellyn market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Glen Ellyn, IL

Wed Oct 20 2021
This week the median list price for Glen Ellyn, IL is $512,500 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 82. Click here to stay informed with the Glen Ellyn market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Glen Ellyn market.
Median List Price $512,500
Median Price of New Listings $395,000
Per Square Foot $249
Average Days on Market 169
Median Days on Market 105
Price Decreased 46%
Price Increased 4%
Relisted 35%
Inventory 82
Median Rent $2,900
Market Action 38
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,192,500 4,000 0.25 - 0.5 acre 5 3 15 0 1 189
$647,250 2,519 0.25 - 0.5 acre 4 2 61 0 3 133
$465,000 1,915 0.25 - 0.5 acre 3 2 63 1 1 63
$334,900 1,476 0.25 - 0.5 acre 3 2 66 4 7 42