Craig Sebert's Market Report

Lombard, IL

Single-Family Homes

Craig.Sebert@kw.com | (331) 481-3051 | CraigSebert.com



Lombard, IL

Sat Jan 23 2021
This week the median list price for Lombard, IL is $327,500 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 71. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Lombard, IL

Sat Jan 23 2021
This week the median list price for Lombard, IL is $327,500 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 71. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Lombard market.
Median List Price $327,500
Per Square Foot $193
Days on Market 137
Price Decreased 42%
Price Increased 4%
Relisted 24%
Inventory 71
Median Rent $1,800
Most Expensive $1,194,980
Least Expensive $114,900
Market Action 46
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
$588,900 2,600 0.25 - 0.5 acre 4 2 13 3 1 238
$357,450 1,819 8,000 - 10,000 sqft 4 2 56 6 6 141
$299,949 1,542 0.25 - 0.5 acre 3 2 69 6 4 80
$239,475 1,303 8,000 - 10,000 sqft 2 1 68 4 4 93