Karen Pioch

Davis, IL 61019

Single-Family Homes

Licensed Realtor, Greater Chicagoland and Lake Summerset Expert



Davis, IL 61019

Wed Oct 23 2019
This week the median list price for Davis, IL 61019 is $259,950 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 18. Click here to stay informed with the Davis market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Davis, IL 61019

Wed Oct 23 2019
This week the median list price for Davis, IL 61019 is $259,950 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 18. Click here to stay informed with the Davis market!

Market Action Index

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

Slight Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Davis market.
Median List Price $259,950
Per Square Foot $85
Days on Market 107
Price Decreased 39%
Price Increased 0%
Relisted 44%
Inventory 18
Median House Rent
Most Expensive $695,000
Least Expensive $124,900
Market Action Index
Slight Buyer's Advantage
29

Price trends in this zip code continued their recent uptrend this week. While still below the market's high point, we've seen a nice run recently.

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
$622,200 3,209 10 - 20 acres 3 3 16 0 0 120
$290,000 3,307 0.25 - 0.5 acre 4 3 28 1 1 164
$239,900 2,926 0.25 - 0.5 acre 5 3 22 0 0 99
$144,900 2,216 0.25 - 0.5 acre 4 2 32 0 0 57