Altos Market Data for Realtors

Crete, IL 60417

Single-Family Homes

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Crete, IL 60417

Tue Jul 01 2025
This week the median list price for Crete, IL 60417 is $351,000 with the market action index hovering around 42. This is less than last month's market action index of 47. Inventory has held steady at or around 51. Click here to stay informed with the Crete market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

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.

Crete, IL 60417

Tue Jul 01 2025
This week the median list price for Crete, IL 60417 is $351,000 with the market action index hovering around 42. This is less than last month's market action index of 47. Inventory has held steady at or around 51. Click here to stay informed with the Crete market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

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 Crete market.
Median List Price $351,000
Median Price of New Listings $360,000
Per Square Foot $149
Average Days on Market 63
Median Days on Market 35
Price Decreased 25%
Price Increased 0%
Relisted 18%
Inventory 51
Median Rent
Market Action 42
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$525,000 3,000 1 - 2.5 acres 4 3 31 2 0 35
$374,900 2,655 0.25 - 0.5 acre 4 2.5 36 2 4 28
$310,500 2,017 0.5 - 1 acre 4 2 49 1 2 42
$207,950 1,604 4,500 - 6,500 sqft 3 1.8 69 2 1 56