Altos Market Data for Realtors

University Park, IL 60484

Single-Family Homes

Schedule a demo today at AltosResearch.com


University Park, IL 60484

Sun Dec 22 2024
This week the median list price for University Park, IL 60484 is $224,999 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 15. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

University Park, IL 60484

Sun Dec 22 2024
This week the median list price for University Park, IL 60484 is $224,999 with the market action index hovering around 37. This is an increase over last month's market action index of 35. Inventory has decreased to 15. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the University Park market.
Median List Price $224,999
Median Price of New Listings $0
Per Square Foot $116
Average Days on Market 90
Median Days on Market 84
Price Decreased 27%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent
Market Action 37
Slight Seller's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$274,900 2,440 8,000 - 10,000 sqft 4 2.5 49 0 0 84
$238,500 2,265 - 4 2.3 53 0 1 66
$219,350 1,466 6,500 - 8,000 sqft 3 2 48 0 1 84
$153,700 1,336 0.25 - 0.5 acre 3 1.8 54 0 0 94