How's Chicago's Real Estate Market?

Northbrook, IL 60062

Single-Family Homes

312-961-6212



Northbrook, IL 60062

Tue May 18 2021
This week the median list price for Northbrook, IL 60062 is $819,900 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has increased to 89. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Northbrook, IL 60062

Tue May 18 2021
This week the median list price for Northbrook, IL 60062 is $819,900 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has increased to 89. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Northbrook market.
Median List Price $819,900
Median Price of New Listings $667,000
Per Square Foot $250
Average Days on Market 133
Median Days on Market 49
Price Decreased 31%
Price Increased 6%
Relisted 20%
Inventory 89
Median Rent $2,900
Market Action 44
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this 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
$2,099,000 7,191 0.5 - 1 acre 5 6 10 0 4 129
$1,039,250 4,134 0.25 - 0.5 acre 4 4 28 4 4 49
$682,450 2,836 0.25 - 0.5 acre 4 2 52 7 5 24
$425,000 2,080 0.25 - 0.5 acre 3 2 56 3 4 35