Altos Market Data for Realtors

Crest Hill, IL 60403

Single-Family Homes

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Crest Hill, IL 60403

Fri Oct 18 2024
This week the median list price for Crest Hill, IL 60403 is $328,450 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has increased to 18. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Crest Hill, IL 60403

Fri Oct 18 2024
This week the median list price for Crest Hill, IL 60403 is $328,450 with the market action index hovering around 51. This is less than last month's market action index of 54. Inventory has increased to 18. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Crest Hill market.
Median List Price $328,450
Median Price of New Listings $249,900
Per Square Foot $194
Average Days on Market 46
Median Days on Market 32
Price Decreased 33%
Price Increased 0%
Relisted 22%
Inventory 18
Median Rent
Market Action 51
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. We continue to pull back from the market’s highs. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$390,000 2,404 8,000 - 10,000 sqft 5 3.3 26 0 2 24
$338,450 2,016 - 2 2 21 0 0 52
$289,900 1,516 6,500 - 8,000 sqft 2 2 22 1 0 77
$249,900 1,000 0.25 - 0.5 acre 2 1 49 2 0 7