Altos Market Data for Realtors

Channahon, IL 60410

Single-Family Homes

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Channahon, IL 60410

Thu Dec 26 2024
This week the median list price for Channahon, IL 60410 is $406,400 with the market action index hovering around 36. This is less than last month's market action index of 40. Inventory has decreased to 33. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Channahon, IL 60410

Thu Dec 26 2024
This week the median list price for Channahon, IL 60410 is $406,400 with the market action index hovering around 36. This is less than last month's market action index of 40. Inventory has decreased to 33. 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.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Channahon market.
Median List Price $406,400
Median Price of New Listings $325,000
Per Square Foot $195
Average Days on Market 80
Median Days on Market 49
Price Decreased 21%
Price Increased 0%
Relisted 9%
Inventory 33
Median Rent
Market Action 36
Slight Seller's Advantage

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift 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
$479,950 2,896 0.25 - 0.5 acre 3 2.5 0 0 0 150
$427,650 2,130 0.25 - 0.5 acre 3 2 0 0 0 49
$393,650 1,742 8,000 - 10,000 sqft 2 2.3 0 0 0 42
$310,000 1,976 0.25 - 0.5 acre 3 2 57 2 1 42