Altos Market Data for Realtors

Schiller Park, IL

Single-Family Homes

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Schiller Park, IL

Wed Oct 20 2021
This week the median list price for Schiller Park, IL is $315,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has increased to 19. Click here to stay informed with the Schiller Park market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Schiller Park, IL

Wed Oct 20 2021
This week the median list price for Schiller Park, IL is $315,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has increased to 19. Click here to stay informed with the Schiller Park market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Schiller Park market.
Median List Price $315,000
Median Price of New Listings $372,000
Per Square Foot $219
Average Days on Market 67
Median Days on Market 70
Price Decreased 37%
Price Increased 0%
Relisted 32%
Inventory 19
Median Rent
Market Action 38
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$479,804 2,476 6,500 - 8,000 sqft 5 3 44 0 0 42
$339,999 2,109 8,000 - 10,000 sqft 4 2 56 1 1 91
$314,900 1,200 4,500 - 6,500 sqft 4 1 59 1 1 49
$235,000 864 8,000 - 10,000 sqft 2 1 74 0 0 112