Altos Market Data for Realtors

Arlington Heights, IL

Single-Family Homes

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Arlington Heights, IL

Tue Sep 21 2021
This week the median list price for Arlington Heights, IL is $449,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 158. Click here to stay informed with the Arlington Heights market!

Market Action Index

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

Slight Seller's Advantage

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.

Arlington Heights, IL

Tue Sep 21 2021
This week the median list price for Arlington Heights, IL is $449,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has decreased to 158. Click here to stay informed with the Arlington Heights market!

Market Action Index

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

Slight Seller's Advantage

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 Arlington Heights market.
Median List Price $449,000
Median Price of New Listings $462,000
Per Square Foot $230
Average Days on Market 78
Median Days on Market 49
Price Decreased 61%
Price Increased 0%
Relisted 35%
Inventory 158
Median Rent $2,848
Market Action 40
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$749,000 3,291 0.25 - 0.5 acre 4 3 30 3 6 91
$499,900 2,208 8,000 - 10,000 sqft 4 2 59 6 3 42
$404,995 2,049 8,000 - 10,000 sqft 4 2 53 7 5 49
$327,450 1,310 6,500 - 8,000 sqft 3 1 65 2 4 45