Altos Market Data for Realtors

Bonfield, IL

Single-Family Homes

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Current active inventory in Bonfield, IL is very low. Keep this in mind when looking at this report.

Bonfield, IL

Tue May 30 2023
This week the median list price for Bonfield, IL is $504,950 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 2. Click here to stay informed with the Bonfield market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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.

Bonfield, IL

Tue May 30 2023
This week the median list price for Bonfield, IL is $504,950 with the market action index hovering around 51. This is less than last month's market action index of 52. Inventory has held steady at or around 2. Click here to stay informed with the Bonfield market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since 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 Bonfield market.
Median List Price $504,950
Median Price of New Listings $410,000
Per Square Foot $242
Average Days on Market 49
Median Days on Market 49
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 51
Strong Seller's Market

Despite this week’s up 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$599,900 2,000 N/A 3 2.5 NaN 0 1 7
$410,000 2,200 5 - 10 acres 4 3 33 1 1 91