Altos Market Data for Realtors

Harwood Heights, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Harwood Heights, IL

Wed Oct 20 2021
This week the median list price for Harwood Heights, IL is $368,500 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 28. Click here to stay informed with the Harwood Heights market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Harwood Heights, IL

Wed Oct 20 2021
This week the median list price for Harwood Heights, IL is $368,500 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 28. Click here to stay informed with the Harwood Heights market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Harwood Heights market.
Median List Price $368,500
Median Price of New Listings $275,000
Per Square Foot $274
Average Days on Market 65
Median Days on Market 60
Price Decreased 46%
Price Increased 0%
Relisted 29%
Inventory 28
Median Rent $2,600
Market Action 33
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
$539,000 2,950 0 - 4,500 sqft 5 3 20 0 0 84
$390,000 1,326 0 - 4,500 sqft 3 2 61 1 0 77
$359,000 1,110 0 - 4,500 sqft 4 2 61 0 0 98
$285,000 1,209 0 - 4,500 sqft 3 2 74 2 1 7