How's Chicago's Real Estate Market?

Hinsdale, IL 60521

Single-Family Homes

312-961-6212


Hinsdale, IL 60521

Mon Dec 04 2023
This week the median list price for Hinsdale, IL 60521 is $1,199,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 43. Click here to stay informed with the Hinsdale market!

Market Action Index

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

Slight Buyer's Advantage

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Hinsdale, IL 60521

Mon Dec 04 2023
This week the median list price for Hinsdale, IL 60521 is $1,199,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has decreased to 43. Click here to stay informed with the Hinsdale market!

Market Action Index

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

Slight Buyer's Advantage

The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.

Real-Time Market Profile

Never miss important changes in the Hinsdale market.
Median List Price $1,199,000
Median Price of New Listings $844,990
Per Square Foot $325
Average Days on Market 112
Median Days on Market 70
Price Decreased 42%
Price Increased 2%
Relisted 19%
Inventory 43
Median Rent
Market Action 29
Slight Buyer's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$3,347,500 7,756 0.5 - 1 acre 5 5.8 27 0 0 42
$1,699,000 5,082 0.25 - 0.5 acre 5 6 20 0 2 161
$999,990 3,464 0.25 - 0.5 acre 4 3.5 67 1 0 63
$569,000 1,900 8,000 - 10,000 sqft 3 2 69 2 0 42