Altos Market Data for Realtors

Summit Argo, IL 60501

Single-Family Homes

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Summit Argo, IL 60501

Sat May 02 2026
This week the median list price for Summit Argo, IL 60501 is $359,700 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 7. Click here to stay informed with the Summit Argo market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Summit Argo, IL 60501

Sat May 02 2026
This week the median list price for Summit Argo, IL 60501 is $359,700 with the market action index hovering around 48. This is less than last month's market action index of 49. Inventory has decreased to 7. Click here to stay informed with the Summit Argo market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Summit Argo market.
Median List Price $359,700
Median Price of New Listings $0
Per Square Foot $255
Average Days on Market 37
Median Days on Market 28
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 48
Strong Seller's Market

Despite this week’s down tic, price trends in this zip code have generally been moving up lately. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward 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
$428,950 1,431 - 4 2.5 104 0 1 38
$369,350 1,577 0 - 4,500 sqft 3 2 57 0 0 31
$284,450 1,038 0 - 4,500 sqft 4 1.8 76 0 0 52
$239,900 1,200 - 3 1.5 65 0 0 14