Altos Market Data for Realtors

Justice, IL

Single-Family Homes

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Justice, IL

Wed Oct 20 2021
This week the median list price for Justice, IL is $299,900 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has decreased to 9. Click here to stay informed with the Justice market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Justice, IL

Wed Oct 20 2021
This week the median list price for Justice, IL is $299,900 with the market action index hovering around 51. This is an increase over last month's market action index of 49. Inventory has decreased to 9. Click here to stay informed with the Justice market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Justice market.
Median List Price $299,900
Median Price of New Listings $225,000
Per Square Foot $159
Average Days on Market 64
Median Days on Market 35
Price Decreased 44%
Price Increased 0%
Relisted 22%
Inventory 9
Median Rent
Market Action 51
Strong Seller's Market

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
$442,499 2,635 6,500 - 8,000 sqft 5 4 2 0 0 87
$375,000 1,857 0.25 - 0.5 acre 4 2 40 0 0 56
$289,450 1,713 8,000 - 10,000 sqft 4 2 70 0 2 122
$224,000 1,600 0.5 - 1 acre 3 2 66 1 0 14