Altos Market Data for Realtors

Olympia Fields, IL 60461

Single-Family Homes

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Olympia Fields, IL 60461

Sun Dec 03 2023
This week the median list price for Olympia Fields, IL 60461 is $422,450 with the market action index hovering around 48. This is less than last month's market action index of 62. Inventory has increased to 12. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Olympia Fields, IL 60461

Sun Dec 03 2023
This week the median list price for Olympia Fields, IL 60461 is $422,450 with the market action index hovering around 48. This is less than last month's market action index of 62. Inventory has increased to 12. 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.

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Olympia Fields market.
Median List Price $422,450
Median Price of New Listings $0
Per Square Foot $143
Average Days on Market 96
Median Days on Market 35
Price Decreased 50%
Price Increased 8%
Relisted 0%
Inventory 12
Median Rent
Market Action 48
Strong Seller's Market

Prices in this zip code seem to have settled around a 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
$449,999 2,524 0.5 - 1 acre 4 2.5 43 0 0 105
$425,000 3,819 0.5 - 1 acre 5 3.5 51 0 0 49
$414,700 2,891 0.25 - 0.5 acre 4 3 58 0 0 28
$300,000 1,686 0.5 - 1 acre 3 2.5 65 0 0 28