Single-Family Homes
Wed Oct 09 2024
This week the median list price for Tinley Park, IL 60477 is $412,400 with the market action index hovering around 42. This is less than last month's market action index of 45. Inventory has decreased to 42.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Median List Price | $412,400 | |
Median Price of New Listings | $299,900 | |
Per Square Foot | $198 | |
Average Days on Market | 68 | |
Median Days on Market | 56 | |
Price Decreased | 52% | |
Price Increased | 5% | |
Relisted | 33% | |
Inventory | 42 | |
Median Rent | ||
Market Action | 42 | |
Slight Seller's Advantage |
We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$549,945 | 2,887 | 0.25 - 0.5 acre | 4 | 2.8 | 34 | 0 | 1 | 73 |
$479,945 | 2,568 | 0.25 - 0.5 acre | 4 | 2.5 | 14 | 0 | 0 | 91 |
$374,900 | 1,700 | 8,000 - 10,000 sqft | 3 | 2 | 53 | 1 | 0 | 42 |
$339,900 | 1,562 | 6,500 - 8,000 sqft | 4 | 2 | 53 | 2 | 3 | 35 |