Altos Market Data for Realtors

Hazel Crest, IL 60429

Single-Family Homes

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Hazel Crest, IL 60429

Thu Feb 13 2025
This week the median list price for Hazel Crest, IL 60429 is $202,450 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 70. Click here to stay informed with the Hazel Crest market!

Market Action Index

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

Slight Seller's Advantage

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.

Hazel Crest, IL 60429

Thu Feb 13 2025
This week the median list price for Hazel Crest, IL 60429 is $202,450 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has increased to 70. Click here to stay informed with the Hazel Crest market!

Market Action Index

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

Slight Seller's Advantage

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 Hazel Crest market.
Median List Price $202,450
Median Price of New Listings $196,000
Per Square Foot $150
Average Days on Market 108
Median Days on Market 67
Price Decreased 53%
Price Increased 9%
Relisted 33%
Inventory 70
Median Rent
Market Action 33
Slight Seller's Advantage

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
$264,900 1,420 6,500 - 8,000 sqft 3 2 63 2 0 105
$224,900 1,436 6,500 - 8,000 sqft 3 2 69 1 0 70
$193,700 1,200 8,000 - 10,000 sqft 3 1.3 58 3 2 63
$134,950 1,172 4,500 - 6,500 sqft 3 1.5 71 3 3 24