Altos Market Data for Realtors

Blue Island, IL

Single-Family Homes

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Blue Island, IL

Tue Sep 21 2021
This week the median list price for Blue Island, IL is $194,499 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has increased to 24. Click here to stay informed with the Blue Island 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.

Blue Island, IL

Tue Sep 21 2021
This week the median list price for Blue Island, IL is $194,499 with the market action index hovering around 56. This is less than last month's market action index of 59. Inventory has increased to 24. Click here to stay informed with the Blue Island 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 Blue Island market.
Median List Price $194,499
Median Price of New Listings $204,949
Per Square Foot $131
Average Days on Market 55
Median Days on Market 32
Price Decreased 33%
Price Increased 4%
Relisted 13%
Inventory 24
Median Rent $775
Market Action 56
Strong Seller's Market

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
$257,500 1,895 6,500 - 8,000 sqft 3 2 27 3 1 59
$219,950 1,515 4,500 - 6,500 sqft 3 1 60 3 1 24
$164,950 1,232 4,500 - 6,500 sqft 3 2 88 2 1 24
$113,950 1,065 4,500 - 6,500 sqft 3 1 94 2 0 84