Single-Family Homes
Sun Nov 16 2025
This week the median list price for Blue Island, IL 60406 is $215,000 with the market action index hovering around 43. This is about the same as last month's market action index of 43. Inventory has increased to 19.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.
| Median List Price | $215,000 | |
| Median Price of New Listings | $229,000 | |
| Per Square Foot | $153 | |
| Average Days on Market | 95 | |
| Median Days on Market | 42 | |
| Price Decreased | 21% | |
| Price Increased | 0% | |
| Relisted | 16% | |
| Inventory | 19 | |
| Median Rent | ||
| Market Action | 43 | |
| Slight Seller's Advantage | ||
Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $315,000 | 1,920 | - | 4 | 2 | 117 | 0 | 2 | 112 |
| $229,000 | 1,536 | - | 3 | 1.5 | 65 | 1 | 0 | 70 |
| $205,000 | 1,110 | - | 3 | 2 | 77 | 0 | 1 | 28 |
| $132,400 | 1,402 | - | 3 | 1.8 | 117 | 0 | 0 | 70 |