Altos Market Data for Realtors

Lincolnwood, IL

Single-Family Homes

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Lincolnwood, IL

Wed Oct 20 2021
This week the median list price for Lincolnwood, IL is $544,500 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has decreased to 28. Click here to stay informed with the Lincolnwood market!

Market Action Index

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

Slight Seller's Advantage

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.

Lincolnwood, IL

Wed Oct 20 2021
This week the median list price for Lincolnwood, IL is $544,500 with the market action index hovering around 41. This is less than last month's market action index of 43. Inventory has decreased to 28. Click here to stay informed with the Lincolnwood market!

Market Action Index

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

Slight Seller's Advantage

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 Lincolnwood market.
Median List Price $544,500
Median Price of New Listings $789,000
Per Square Foot $236
Average Days on Market 112
Median Days on Market 56
Price Decreased 61%
Price Increased 4%
Relisted 32%
Inventory 28
Median Rent $2,990
Market Action 41
Slight Seller's Advantage

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
$949,900 4,418 0.25 - 0.5 acre 6 4 61 2 1 105
$599,900 2,550 6,500 - 8,000 sqft 4 3 66 0 1 35
$499,900 2,288 4,500 - 6,500 sqft 4 2 67 0 3 35
$398,000 1,500 4,500 - 6,500 sqft 3 2 68 1 2 56