How's Chicago's Real Estate Market?

Northfield, IL 60093

Single-Family Homes

312-961-6212



Northfield, IL 60093

Tue Mar 09 2021
This week the median list price for Northfield, IL 60093 is $1,579,000 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 25. Click here to stay informed with the Northfield market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since 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.

Northfield, IL 60093

Tue Mar 09 2021
This week the median list price for Northfield, IL 60093 is $1,579,000 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 25. Click here to stay informed with the Northfield market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since 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 Northfield market.
Median List Price $1,579,000
Per Square Foot $345
Days on Market 154
Price Decreased 0%
Price Increased 4%
Relisted 12%
Inventory 25
Median Rent $4,000
Most Expensive $5,250,000
Least Expensive $399,000
Market Action 39
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around these current levels. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.

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
$4,087,499 9,900 1 - 2.5 acres 5 7 11 1 0 126
$1,685,000 5,451 1 - 2.5 acres 5 5 49 1 0 430
$1,487,500 4,226 1 - 2.5 acres 5 4 56 3 1 84
$854,900 2,800 0.5 - 1 acre 4 4 65 3 3 14