How's Chicago's Real Estate Market?

Northbrook, IL 60062

Single-Family Homes

312-961-6212



Northbrook, IL 60062

Fri Feb 26 2021
This week the median list price for Northbrook, IL 60062 is $875,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 91. Click here to stay informed with the Northbrook market!

Market Action Index

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

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Northbrook, IL 60062

Fri Feb 26 2021
This week the median list price for Northbrook, IL 60062 is $875,000 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has held steady at or around 91. Click here to stay informed with the Northbrook market!

Market Action Index

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

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Northbrook market.
Median List Price $875,000
Per Square Foot $255
Days on Market 147
Price Decreased 22%
Price Increased 4%
Relisted 21%
Inventory 91
Median Rent $2,800
Most Expensive $6,500,000
Least Expensive $199,900
Market Action 38
Slight Seller's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$1,949,450 6,751 0.5 - 1 acre 5 6 11 1 2 213
$1,099,000 4,230 0.25 - 0.5 acre 5 4 14 2 2 217
$675,000 2,740 0.25 - 0.5 acre 4 2 52 2 2 91
$429,000 1,635 0.25 - 0.5 acre 3 2 65 5 5 119