Craig Sebert's Market Report

Winfield, IL

Single-Family Homes

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



Winfield, IL

Sun Aug 01 2021
This week the median list price for Winfield, IL is $487,450 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has decreased to 18. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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

Sun Aug 01 2021
This week the median list price for Winfield, IL is $487,450 with the market action index hovering around 57. This is an increase over last month's market action index of 55. Inventory has decreased to 18. 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

The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. 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 $487,450
Median Price of New Listings $444,950
Per Square Foot $192
Average Days on Market 63
Median Days on Market 32
Price Decreased 44%
Price Increased 6%
Relisted 39%
Inventory 18
Median Rent
Market Action 57
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
$689,450 3,782 0.25 - 0.5 acre 4 3 23 0 1 38
$572,400 2,772 0.25 - 0.5 acre 4 2 25 0 1 31
$474,900 2,525 8,000 - 10,000 sqft 4 2 34 2 1 21
$350,000 1,828 0.25 - 0.5 acre 3 2 64 2 3 35