Altos Market Data for Realtors

Grayslake, IL

Single-Family Homes

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Grayslake, IL

Wed Oct 20 2021
This week the median list price for Grayslake, IL is $269,950 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has decreased to 32. Click here to stay informed with the Grayslake market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Grayslake, IL

Wed Oct 20 2021
This week the median list price for Grayslake, IL is $269,950 with the market action index hovering around 70. This is an increase over last month's market action index of 66. Inventory has decreased to 32. Click here to stay informed with the Grayslake market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Grayslake market.
Median List Price $269,950
Median Price of New Listings $222,150
Per Square Foot $159
Average Days on Market 110
Median Days on Market 42
Price Decreased 41%
Price Increased 6%
Relisted 25%
Inventory 32
Median Rent $1,900
Market Action 70
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this 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
$450,000 2,605 0.5 - 1 acre 4 3 20 1 1 143
$340,000 2,167 0.25 - 0.5 acre 3 2 45 1 2 52
$242,450 1,533 6,500 - 8,000 sqft 3 2 31 2 2 28
$199,450 1,085 0.25 - 0.5 acre 2 1 39 4 2 7