Karen Pioch

Crystal Lake, IL

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Crystal Lake, IL

Wed Jul 06 2022
This week the median list price for Crystal Lake, IL is $450,697 with the market action index hovering around 67. This is less than last month's market action index of 77. Inventory has increased to 80. Click here to stay informed with the Crystal Lake 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 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.

Crystal Lake, IL

Wed Jul 06 2022
This week the median list price for Crystal Lake, IL is $450,697 with the market action index hovering around 67. This is less than last month's market action index of 77. Inventory has increased to 80. Click here to stay informed with the Crystal Lake 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 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 Crystal Lake market.
Median List Price $450,697
Median Price of New Listings $337,500
Per Square Foot $168
Average Days on Market 47
Median Days on Market 21
Price Decreased 43%
Price Increased 0%
Relisted 8%
Inventory 80
Median Rent
Market Action 67
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$749,900 3,763 0.5 - 1 acre 4 3.5 18 1 1 28
$499,900 2,669 0.5 - 1 acre 4 2.5 30 1 1 28
$384,900 2,375 0.25 - 0.5 acre 4 2.5 34 5 6 24
$268,999 1,428 8,000 - 10,000 sqft 3 2 64 5 3 7