Altos Market Data for Realtors

Crest Hill, IL 60403

Single-Family Homes

Schedule a demo today at AltosResearch.com


Crest Hill, IL 60403

Sun Sep 15 2024
This week the median list price for Crest Hill, IL 60403 is $327,900 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has increased to 17. Click here to stay informed with the Crest Hill market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Crest Hill, IL 60403

Sun Sep 15 2024
This week the median list price for Crest Hill, IL 60403 is $327,900 with the market action index hovering around 51. This is less than last month's market action index of 53. Inventory has increased to 17. Click here to stay informed with the Crest Hill market!

Market Action Index

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

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Crest Hill market.
Median List Price $327,900
Median Price of New Listings $289,999
Per Square Foot $188
Average Days on Market 40
Median Days on Market 42
Price Decreased 41%
Price Increased 0%
Relisted 18%
Inventory 17
Median Rent
Market Action 51
Strong Seller's Market

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate 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
$422,000 2,899 8,000 - 10,000 sqft 4 3.3 25 2 1 45
$338,450 2,016 - 2 2 21 1 1 38
$312,450 1,812 6,500 - 8,000 sqft 2 2 37 0 0 52
$279,000 1,000 6,500 - 8,000 sqft 2 2 67 4 0 0