Altos Market Data for Realtors

Beecher, IL

Single-Family Homes

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Beecher, IL

Tue Sep 21 2021
This week the median list price for Beecher, IL is $252,450 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 20. Click here to stay informed with the Beecher 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Beecher, IL

Tue Sep 21 2021
This week the median list price for Beecher, IL is $252,450 with the market action index hovering around 37. This is less than last month's market action index of 39. Inventory has held steady at or around 20. Click here to stay informed with the Beecher 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Beecher market.
Median List Price $252,450
Median Price of New Listings $224,900
Per Square Foot $139
Average Days on Market 67
Median Days on Market 42
Price Decreased 40%
Price Increased 0%
Relisted 10%
Inventory 20
Median Rent
Market Action 37
Slight Seller's Advantage

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
$449,900 2,357 10 - 20 acres 4 2 15 0 1 49
$339,900 2,415 5 - 10 acres 4 2 1 0 1 49
$240,000 1,881 8,000 - 10,000 sqft 3 2 46 2 1 14
$189,900 1,775 0.25 - 0.5 acre 3 2 73 2 1 42