Altos Market Data for Realtors

University Park, IL 60484

Single-Family Homes

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University Park, IL 60484

Tue Jul 01 2025
This week the median list price for University Park, IL 60484 is $238,700 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 14. Click here to stay informed with the University Park market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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.

University Park, IL 60484

Tue Jul 01 2025
This week the median list price for University Park, IL 60484 is $238,700 with the market action index hovering around 50. This is an increase over last month's market action index of 47. Inventory has held steady at or around 14. Click here to stay informed with the University Park market!

Market Action Index

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

Strong Seller's Market

Market Narrative

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 University Park market.
Median List Price $238,700
Median Price of New Listings $322,500
Per Square Foot $142
Average Days on Market 68
Median Days on Market 46
Price Decreased 50%
Price Increased 0%
Relisted 21%
Inventory 14
Median Rent
Market Action 50
Strong Seller's Market

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$317,500 2,078 - 4 2.3 55 2 2 17
$242,000 1,439 6,500 - 8,000 sqft 3 2 55 0 1 35
$222,500 1,903 0 - 4,500 sqft 3 2 50 0 1 80
$195,000 1,826 6,500 - 8,000 sqft 3 2 53 0 1 98