Altos Market Data for Realtors

Brookfield, IL

Single-Family Homes

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Brookfield, IL

Tue May 30 2023
This week the median list price for Brookfield, IL is $350,000 with the market action index hovering around 72. This is an increase over last month's market action index of 68. Inventory has increased to 15. Click here to stay informed with the Brookfield market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Brookfield, IL

Tue May 30 2023
This week the median list price for Brookfield, IL is $350,000 with the market action index hovering around 72. This is an increase over last month's market action index of 68. Inventory has increased to 15. Click here to stay informed with the Brookfield market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Brookfield market.
Median List Price $350,000
Median Price of New Listings $340,000
Per Square Foot $258
Average Days on Market 63
Median Days on Market 28
Price Decreased 40%
Price Increased 7%
Relisted 27%
Inventory 15
Median Rent
Market Action 72
Strong Seller's Market

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
$669,900 2,862 4,500 - 6,500 sqft 5 3 100 0 1 49
$382,450 1,455 4,500 - 6,500 sqft 3 2 75 2 0 14
$344,950 1,318 6,500 - 8,000 sqft 3 2 71 1 3 7
$299,500 1,029 0 - 4,500 sqft 2 1 95 2 2 59