Altos Market Data for Realtors

Crest Hill, IL 60403

Single-Family Homes

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Crest Hill, IL 60403

Wed Oct 09 2024
This week the median list price for Crest Hill, IL 60403 is $336,900 with the market action index hovering around 52. This is an increase over last month's market action index of 51. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Crest Hill, IL 60403

Wed Oct 09 2024
This week the median list price for Crest Hill, IL 60403 is $336,900 with the market action index hovering around 52. This is an increase over last month's market action index of 51. 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

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Crest Hill market.
Median List Price $336,900
Median Price of New Listings $360,000
Per Square Foot $173
Average Days on Market 41
Median Days on Market 28
Price Decreased 35%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent
Market Action 52
Strong Seller's Market

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$424,450 2,400 8,000 - 10,000 sqft 4 2.5 25 1 0 31
$364,950 2,189 - 4 2.5 22 2 0 3
$328,900 2,000 - 2 2 22 0 1 59
$265,000 1,059 8,000 - 10,000 sqft 2 1 52 2 1 21