Craig Sebert's Market Report

Glen Ellyn, IL

Single-Family Homes

Craig.Sebert@kw.com | (331) 481-3051 | CraigSebert.com



Glen Ellyn, IL

Sat Jan 23 2021
This week the median list price for Glen Ellyn, IL is $664,950 with the market action index hovering around 43. This is an increase over last month's market action index of 38. Inventory has held steady at or around 94. Click here to stay informed with the Glen Ellyn 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Glen Ellyn, IL

Sat Jan 23 2021
This week the median list price for Glen Ellyn, IL is $664,950 with the market action index hovering around 43. This is an increase over last month's market action index of 38. Inventory has held steady at or around 94. Click here to stay informed with the Glen Ellyn 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 strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Glen Ellyn market.
Median List Price $664,950
Per Square Foot $243
Days on Market 181
Price Decreased 35%
Price Increased 4%
Relisted 29%
Inventory 94
Median Rent $3,000
Most Expensive $2,500,000
Least Expensive $259,500
Market Action 43
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$1,325,000 4,824 0.25 - 0.5 acre 4 4 14 5 9 259
$805,000 3,100 8,000 - 10,000 sqft 4 3 27 6 7 248
$524,450 2,227 0.25 - 0.5 acre 4 3 58 7 9 81
$354,700 1,658 0.25 - 0.5 acre 4 2 63 7 11 140