Altos Market Data for Realtors

Bloomingdale, IL

Single-Family Homes

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Bloomingdale, IL

Wed Oct 20 2021
This week the median list price for Bloomingdale, IL is $542,900 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has decreased to 16. Click here to stay informed with the Bloomingdale market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Bloomingdale, IL

Wed Oct 20 2021
This week the median list price for Bloomingdale, IL is $542,900 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has decreased to 16. Click here to stay informed with the Bloomingdale market!

Market Action Index

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

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Bloomingdale market.
Median List Price $542,900
Median Price of New Listings $364,900
Per Square Foot $170
Average Days on Market 93
Median Days on Market 49
Price Decreased 44%
Price Increased 6%
Relisted 31%
Inventory 16
Median Rent $1,850
Market Action 47
Strong Seller's Market

The market has been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$759,450 4,979 0.25 - 0.5 acre 4 4 30 0 0 108
$587,450 2,657 1 - 2.5 acres 4 2 0 0 0 147
$490,950 2,806 0.5 - 1 acre 4 2 47 0 1 49
$353,950 1,990 8,000 - 10,000 sqft 3 2 35 1 2 17