Altos Market Data for Realtors

Batavia, IL

Single-Family Homes

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Batavia, IL

Tue May 30 2023
This week the median list price for Batavia, IL is $489,900 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has decreased to 11. Click here to stay informed with the Batavia market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Batavia, IL

Tue May 30 2023
This week the median list price for Batavia, IL is $489,900 with the market action index hovering around 64. This is less than last month's market action index of 65. Inventory has decreased to 11. Click here to stay informed with the Batavia market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Batavia market.
Median List Price $489,900
Median Price of New Listings $465,000
Per Square Foot $199
Average Days on Market 61
Median Days on Market 14
Price Decreased 36%
Price Increased 9%
Relisted 36%
Inventory 11
Median Rent
Market Action 64
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$849,455 4,769 0.25 - 0.5 acre 5 4.8 20 0 0 63
$769,900 3,700 0.25 - 0.5 acre 5 4.5 21 1 0 35
$469,900 2,566 0.25 - 0.5 acre 4 2.5 34 2 1 0
$425,000 1,964 0.25 - 0.5 acre 5 2.5 33 2 0 14