Altos Market Data for Realtors

Lansing, IL 60438

Single-Family Homes

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Lansing, IL 60438

Wed Oct 09 2024
This week the median list price for Lansing, IL 60438 is $229,500 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 74. Click here to stay informed with the Lansing 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.

Lansing, IL 60438

Wed Oct 09 2024
This week the median list price for Lansing, IL 60438 is $229,500 with the market action index hovering around 45. This is about the same as last month's market action index of 45. Inventory has held steady at or around 74. Click here to stay informed with the Lansing 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 Lansing market.
Median List Price $229,500
Median Price of New Listings $255,000
Per Square Foot $165
Average Days on Market 56
Median Days on Market 49
Price Decreased 50%
Price Increased 1%
Relisted 23%
Inventory 74
Median Rent
Market Action 45
Strong Seller's Market

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
$322,450 2,175 8,000 - 10,000 sqft 4 2.3 50 2 1 24
$257,054 1,513 6,500 - 8,000 sqft 3 2 62 4 3 49
$199,900 1,240 6,500 - 8,000 sqft 3 1.5 70 2 5 49
$169,900 1,054 4,500 - 6,500 sqft 3 1 75 3 3 56