Altos Market Data for Realtors

Des Plaines, IL

Single-Family Homes

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Des Plaines, IL

Thu Sep 18 2025
This week the median list price for Des Plaines, IL is $472,500 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has held steady at or around 34. Click here to stay informed with the Des Plaines 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Des Plaines, IL

Thu Sep 18 2025
This week the median list price for Des Plaines, IL is $472,500 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has held steady at or around 34. Click here to stay informed with the Des Plaines 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 remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. 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 persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Des Plaines market.
Median List Price $472,500
Median Price of New Listings $462,500
Per Square Foot $235
Average Days on Market 80
Median Days on Market 42
Price Decreased 26%
Price Increased 0%
Relisted 24%
Inventory 34
Median Rent
Market Action 59
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change 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
$689,000 3,258 - 4 3 37 3 0 147
$527,000 2,300 6,500 - 8,000 sqft 3 2.5 64 1 3 31
$449,000 2,200 4,500 - 6,500 sqft 4 2 68 1 4 84
$364,950 1,259 0 - 4,500 sqft 3 2 72 3 0 7