Altos Market Data for Realtors

Channahon, IL 60410

Single-Family Homes

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Channahon, IL 60410

Mon Sep 16 2024
This week the median list price for Channahon, IL 60410 is $429,450 with the market action index hovering around 51. This is less than last month's market action index of 57. Inventory has decreased to 16. Click here to stay informed with the Channahon market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Channahon, IL 60410

Mon Sep 16 2024
This week the median list price for Channahon, IL 60410 is $429,450 with the market action index hovering around 51. This is less than last month's market action index of 57. Inventory has decreased to 16. Click here to stay informed with the Channahon market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Channahon market.
Median List Price $429,450
Median Price of New Listings $432,450
Per Square Foot $201
Average Days on Market 82
Median Days on Market 28
Price Decreased 19%
Price Increased 19%
Relisted 19%
Inventory 16
Median Rent
Market Action 51
Strong Seller's Market

While this week the median price in this zip code didn’t fluctuate much, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$517,450 2,581 0.25 - 0.5 acre 4 2.8 5 1 2 42
$447,000 2,201 0.5 - 1 acre 3 2.8 11 1 1 21
$417,400 2,098 0.5 - 1 acre 3 2.3 8 2 0 31
$300,000 1,513 0.5 - 1 acre 3 1.8 53 0 1 45