Craig Sebert's Market Report

Winfield, IL

Single-Family Homes

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



Winfield, IL

Tue Oct 20 2020
This week the median list price for Winfield, IL is $399,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 35. 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

Tue Oct 20 2020
This week the median list price for Winfield, IL is $399,000 with the market action index hovering around 46. This is less than last month's market action index of 48. Inventory has held steady at or around 35. 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 $399,000
Per Square Foot $162
Days on Market 134
Price Decreased 54%
Price Increased 6%
Relisted 29%
Inventory 35
Median Rent
Most Expensive $850,000
Least Expensive $259,900
Market Action 46
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
$642,500 4,183 1 - 2.5 acres 5 4 25 1 0 171
$490,000 2,930 0.25 - 0.5 acre 4 3 20 0 1 183
$359,000 2,543 0.25 - 0.5 acre 4 3 43 2 1 132
$290,000 1,902 8,000 - 10,000 sqft 4 2 50 2 1 53