Altos Market Data for Realtors

Crystal Lake, IL

Single-Family Homes

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Crystal Lake, IL

Tue Sep 21 2021
This week the median list price for Crystal Lake, IL is $398,500 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 103. Click here to stay informed with the Crystal Lake 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Crystal Lake, IL

Tue Sep 21 2021
This week the median list price for Crystal Lake, IL is $398,500 with the market action index hovering around 54. This is an increase over last month's market action index of 53. Inventory has held steady at or around 103. Click here to stay informed with the Crystal Lake 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Crystal Lake market.
Median List Price $398,500
Median Price of New Listings $392,200
Per Square Foot $155
Average Days on Market 67
Median Days on Market 42
Price Decreased 49%
Price Increased 5%
Relisted 17%
Inventory 103
Median Rent $1,550
Market Action 54
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$677,900 4,236 0.5 - 1 acre 4 4 18 1 2 77
$468,020 2,971 0.25 - 0.5 acre 4 2 18 9 3 21
$342,500 2,173 8,000 - 10,000 sqft 4 2 30 6 4 38
$249,950 1,702 8,000 - 10,000 sqft 3 2 56 4 7 42