Altos Market Data for Realtors

Olympia Fields, IL 60461

Single-Family Homes

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Olympia Fields, IL 60461

Fri Apr 12 2024
This week the median list price for Olympia Fields, IL 60461 is $409,700 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has increased to 15. Click here to stay informed with the Olympia Fields market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Olympia Fields, IL 60461

Fri Apr 12 2024
This week the median list price for Olympia Fields, IL 60461 is $409,700 with the market action index hovering around 32. This is an increase over last month's market action index of 31. Inventory has increased to 15. Click here to stay informed with the Olympia Fields market!

Market Action Index

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

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Olympia Fields market.
Median List Price $409,700
Median Price of New Listings $385,000
Per Square Foot $146
Average Days on Market 111
Median Days on Market 77
Price Decreased 20%
Price Increased 0%
Relisted 33%
Inventory 15
Median Rent
Market Action 32
Slight Seller's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$899,000 7,273 0.5 - 1 acre 5 5.5 37 1 0 84
$436,450 2,547 0.25 - 0.5 acre 4 2.5 54 0 0 17
$382,500 3,348 0.25 - 0.5 acre 4 3.3 48 0 0 73
$329,850 2,067 0.25 - 0.5 acre 4 2.5 58 1 0 49