Altos Market Data for Realtors

Harvey, IL

Single-Family Homes

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Harvey, IL

Wed Oct 20 2021
This week the median list price for Harvey, IL is $89,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 39. Click here to stay informed with the Harvey market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Harvey, IL

Wed Oct 20 2021
This week the median list price for Harvey, IL is $89,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 39. Click here to stay informed with the Harvey market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Harvey market.
Median List Price $89,000
Median Price of New Listings $149,900
Per Square Foot $89
Average Days on Market 78
Median Days on Market 63
Price Decreased 23%
Price Increased 8%
Relisted 8%
Inventory 39
Median Rent $1,400
Market Action 39
Slight Seller's Advantage

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$149,900 1,203 4,500 - 6,500 sqft 3 1 60 3 4 35
$104,999 1,087 4,500 - 6,500 sqft 3 1 63 2 0 66
$80,950 980 0 - 4,500 sqft 3 1 83 0 1 70
$50,000 947 4,500 - 6,500 sqft 3 1 80 0 4 94