Craig Sebert's Market Report

Winfield, IL

Single-Family Homes

Craig.Sebert@kw.com | (331) 481-3051 | CraigSebert.com



Winfield, IL

Sat Jan 16 2021
This week the median list price for Winfield, IL is $384,950 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has held steady at or around 21. Click here to stay informed with the Winfield market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Winfield, IL

Sat Jan 16 2021
This week the median list price for Winfield, IL is $384,950 with the market action index hovering around 45. This is less than last month's market action index of 48. Inventory has held steady at or around 21. Click here to stay informed with the Winfield market!

Market Action Index

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

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. 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, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Winfield market.
Median List Price $384,950
Per Square Foot $177
Days on Market 190
Price Decreased 33%
Price Increased 10%
Relisted 10%
Inventory 21
Median Rent
Most Expensive $850,000
Least Expensive $205,000
Market Action 45
Strong Seller's Market

The market seems to have paused around this plateau. 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
$599,000 2,633 0.25 - 0.5 acre 3 2 7 1 0 303
$475,000 2,001 0.25 - 0.5 acre 3 2 14 1 1 205
$380,000 2,543 0.25 - 0.5 acre 4 3 51 1 0 163
$286,950 1,759 0.25 - 0.5 acre 3 2 50 1 2 105