Altos Market Data for Realtors

Chicago Heights, IL 60411

Single-Family Homes

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Chicago Heights, IL 60411

Sun May 26 2024
This week the median list price for Chicago Heights, IL 60411 is $185,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has decreased to 67. Click here to stay informed with the Chicago Heights market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Chicago Heights, IL 60411

Sun May 26 2024
This week the median list price for Chicago Heights, IL 60411 is $185,000 with the market action index hovering around 59. This is an increase over last month's market action index of 55. Inventory has decreased to 67. Click here to stay informed with the Chicago Heights market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Chicago Heights market.
Median List Price $185,000
Median Price of New Listings $179,900
Per Square Foot $147
Average Days on Market 148
Median Days on Market 35
Price Decreased 30%
Price Increased 10%
Relisted 21%
Inventory 67
Median Rent
Market Action 59
Strong Seller's Market

While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$457,495 2,540 0.25 - 0.5 acre 4 2.5 0 2 1 31
$230,000 1,557 6,500 - 8,000 sqft 3 2 65 3 3 35
$169,999 1,046 4,500 - 6,500 sqft 3 1 65 2 2 70
$125,000 1,041 4,500 - 6,500 sqft 3 1 65 4 1 35