Altos Market Data for Realtors

Chicago Heights, IL 60475

Single-Family Homes

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Chicago Heights, IL 60475

Fri May 09 2025
This week the median list price for Chicago Heights, IL 60475 is $185,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 23. Click here to stay informed with the Chicago Heights market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Chicago Heights, IL 60475

Fri May 09 2025
This week the median list price for Chicago Heights, IL 60475 is $185,000 with the market action index hovering around 42. This is an increase over last month's market action index of 41. Inventory has increased to 23. Click here to stay informed with the Chicago Heights market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Chicago Heights market.
Median List Price $185,000
Median Price of New Listings $168,500
Per Square Foot $146
Average Days on Market 101
Median Days on Market 56
Price Decreased 35%
Price Increased 17%
Relisted 9%
Inventory 23
Median Rent
Market Action 42
Slight Seller's Advantage

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move 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
$455,000 3,747 1 - 2.5 acres 4 3.5 25 0 0 42
$294,900 1,658 6,500 - 8,000 sqft 3 2 52 1 1 91
$182,450 1,262 8,000 - 10,000 sqft 3 1.5 74 0 0 56
$114,000 928 0.25 - 0.5 acre 2 1 85 1 1 42