Altos Market Data for Realtors

Posen, IL

Single-Family Homes

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Posen, IL

Wed Oct 20 2021
This week the median list price for Posen, IL is $169,900 with the market action index hovering around 40. This is less than last month's market action index of 48. Inventory has increased to 15. Click here to stay informed with the Posen market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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.

Posen, IL

Wed Oct 20 2021
This week the median list price for Posen, IL is $169,900 with the market action index hovering around 40. This is less than last month's market action index of 48. Inventory has increased to 15. Click here to stay informed with the Posen market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 Posen market.
Median List Price $169,900
Median Price of New Listings $199,900
Per Square Foot $139
Average Days on Market 56
Median Days on Market 35
Price Decreased 27%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent
Market Action 40
Slight Seller's Advantage

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
$288,900 2,000 0.25 - 0.5 acre 4 2 1 0 0 56
$224,900 1,554 4,500 - 6,500 sqft 3 2 80 1 0 31
$167,400 1,490 4,500 - 6,500 sqft 3 1 72 0 0 59
$114,900 840 0 - 4,500 sqft 2 1 74 0 0 24