Baird & Warner's Market Report

Lombard, IL

Single-Family Homes

www.BairdWarner.com



Lombard, IL

Fri May 09 2025
This week the median list price for Lombard, IL is $449,900 with the market action index hovering around 64. This is an increase over last month's market action index of 52. Inventory has increased to 39. Click here to stay informed with the Lombard market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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.

Lombard, IL

Fri May 09 2025
This week the median list price for Lombard, IL is $449,900 with the market action index hovering around 64. This is an increase over last month's market action index of 52. Inventory has increased to 39. Click here to stay informed with the Lombard market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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 Lombard market.
Median List Price $449,900
Median Price of New Listings $389,900
Per Square Foot $272
Average Days on Market 116
Median Days on Market 21
Price Decreased 33%
Price Increased 5%
Relisted 23%
Inventory 39
Median Rent
Market Action 64
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
$950,000 3,359 0.25 - 0.5 acre 5 3.5 13 1 0 224
$636,225 2,022 8,000 - 10,000 sqft 4 2.5 62 2 1 52
$407,375 1,614 6,500 - 8,000 sqft 3 2 58 5 3 7
$327,499 1,250 0.25 - 0.5 acre 3 2 71 5 2 3