Altos Market Data for Realtors

Bradley, IL

Single-Family Homes

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Bradley, IL

Wed Oct 20 2021
This week the median list price for Bradley, IL is $139,987 with the market action index hovering around 77. This is an increase over last month's market action index of 76. Inventory has decreased to 13. Click here to stay informed with the Bradley market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Bradley, IL

Wed Oct 20 2021
This week the median list price for Bradley, IL is $139,987 with the market action index hovering around 77. This is an increase over last month's market action index of 76. Inventory has decreased to 13. Click here to stay informed with the Bradley market!

Market Action Index

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

Strong Seller's Market

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller’s zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Bradley market.
Median List Price $139,987
Median Price of New Listings $188,200
Per Square Foot $116
Average Days on Market 254
Median Days on Market 42
Price Decreased 62%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent
Market Action 77
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. 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
$189,900 1,525 0.25 - 0.5 acre 3 2 61 1 1 14
$175,000 1,515 8,000 - 10,000 sqft 3 2 62 1 1 7
$118,000 1,246 6,500 - 8,000 sqft 3 1 83 0 0 28
$76,390 852 6,500 - 8,000 sqft 2 1 85 0 1 73