Altos Market Data for Realtors

Crystal Lake, IL

Single-Family Homes

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Crystal Lake, IL

Wed May 22 2024
This week the median list price for Crystal Lake, IL is $569,900 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has increased to 60. Click here to stay informed with the Crystal Lake market!

Market Action Index

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

Strong Seller's Market

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.

Crystal Lake, IL

Wed May 22 2024
This week the median list price for Crystal Lake, IL is $569,900 with the market action index hovering around 57. This is less than last month's market action index of 58. Inventory has increased to 60. Click here to stay informed with the Crystal Lake market!

Market Action Index

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

Strong Seller's Market

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 Crystal Lake market.
Median List Price $569,900
Median Price of New Listings $390,000
Per Square Foot $193
Average Days on Market 85
Median Days on Market 14
Price Decreased 42%
Price Increased 2%
Relisted 12%
Inventory 60
Median Rent
Market Action 57
Strong Seller's Market

The market seems to have paused around its high point. 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
$799,900 4,400 0.5 - 1 acre 4 4.5 21 1 0 21
$619,900 3,266 0.5 - 1 acre 4 3.5 19 0 3 14
$525,000 2,624 0.25 - 0.5 acre 4 2.5 30 3 4 14
$375,000 2,022 8,000 - 10,000 sqft 4 2.5 47 6 8 14