Altos Market Data for Realtors

Libertyville, IL

Single-Family Homes

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Libertyville, IL

Wed Oct 20 2021
This week the median list price for Libertyville, IL is $627,450 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has decreased to 86. Click here to stay informed with the Libertyville 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 cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Libertyville, IL

Wed Oct 20 2021
This week the median list price for Libertyville, IL is $627,450 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has decreased to 86. Click here to stay informed with the Libertyville 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 cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Libertyville market.
Median List Price $627,450
Median Price of New Listings $624,900
Per Square Foot $206
Average Days on Market 100
Median Days on Market 74
Price Decreased 58%
Price Increased 1%
Relisted 34%
Inventory 86
Median Rent $3,500
Market Action 33
Slight Seller's Advantage

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
$1,150,000 3,980 0.5 - 1 acre 5 4 17 1 3 112
$695,000 3,516 0.25 - 0.5 acre 4 3 32 0 1 70
$527,000 2,610 0.25 - 0.5 acre 4 3 42 1 1 56
$377,500 1,920 8,000 - 10,000 sqft 3 2 65 1 1 66