Altos Market Data for Realtors

Bolingbrook, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Bolingbrook, IL

Tue Sep 21 2021
This week the median list price for Bolingbrook, IL is $305,000 with the market action index hovering around 83. This is less than last month's market action index of 88. Inventory has increased to 63. Click here to stay informed with the Bolingbrook 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 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.

Bolingbrook, IL

Tue Sep 21 2021
This week the median list price for Bolingbrook, IL is $305,000 with the market action index hovering around 83. This is less than last month's market action index of 88. Inventory has increased to 63. Click here to stay informed with the Bolingbrook 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 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 Bolingbrook market.
Median List Price $305,000
Median Price of New Listings $292,447
Per Square Foot $161
Average Days on Market 38
Median Days on Market 14
Price Decreased 22%
Price Increased 3%
Relisted 8%
Inventory 63
Median Rent $1,900
Market Action 83
Strong Seller's Market

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$460,535 3,005 0.25 - 0.5 acre 4 3 16 4 3 42
$355,000 2,386 0.25 - 0.5 acre 4 2 24 6 1 10
$289,947 1,810 8,000 - 10,000 sqft 4 2 44 10 3 14
$237,500 1,435 6,500 - 8,000 sqft 3 1 51 6 2 10