Altos Market Data for Realtors

Herscher, IL

Single-Family Homes

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Current active inventory in Herscher, IL is very low. Keep this in mind when looking at this report.

Herscher, IL

Sat Sep 30 2023
This week the median list price for Herscher, IL is $339,987 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has decreased to 1. Click here to stay informed with the Herscher market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Herscher, IL

Sat Sep 30 2023
This week the median list price for Herscher, IL is $339,987 with the market action index hovering around 37. This is less than last month's market action index of 41. Inventory has decreased to 1. Click here to stay informed with the Herscher market!

Market Action Index

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

Slight Seller's Advantage

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Herscher market.
Median List Price $339,987
Median Price of New Listings $0
Per Square Foot $105
Average Days on Market 91
Median Days on Market 91
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 37
Slight Seller's Advantage

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$339,987 3,214 0.5 - 1 acre 4 2.5 56 0 0 91