How's Chicago's Real Estate Market?

Glencoe, IL

Single-Family Homes

312-961-6212



Glencoe, IL

Fri Feb 26 2021
This week the median list price for Glencoe, IL is $1,864,450 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 30. Click here to stay informed with the Glencoe market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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.

Glencoe, IL

Fri Feb 26 2021
This week the median list price for Glencoe, IL is $1,864,450 with the market action index hovering around 39. This is less than last month's market action index of 41. Inventory has held steady at or around 30. Click here to stay informed with the Glencoe market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since 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 Glencoe market.
Median List Price $1,864,450
Per Square Foot $383
Days on Market 112
Price Decreased 27%
Price Increased 3%
Relisted 27%
Inventory 30
Median Rent $5,500
Most Expensive $18,000,000
Least Expensive $324,900
Market Action 39
Slight Seller's Advantage

The market appears to be hovering around these current levels. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,975,000 9,000 0.5 - 1 acre 5 7 13 2 0 35
$1,999,900 5,700 0.25 - 0.5 acre 4 5 20 1 0 147
$1,589,500 4,419 0.25 - 0.5 acre 5 4 91 2 1 126
$669,511 2,134 8,000 - 10,000 sqft 3 2 88 0 0 122