Altos Market Data for Realtors

Dundee, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Dundee, IL

Tue Sep 21 2021
This week the median list price for Dundee, IL is $385,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has decreased to 25. Click here to stay informed with the Dundee market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Dundee, IL

Tue Sep 21 2021
This week the median list price for Dundee, IL is $385,000 with the market action index hovering around 61. This is an increase over last month's market action index of 58. Inventory has decreased to 25. Click here to stay informed with the Dundee market!

Market Action Index

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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Dundee market.
Median List Price $385,000
Median Price of New Listings $434,900
Per Square Foot $159
Average Days on Market 81
Median Days on Market 35
Price Decreased 36%
Price Increased 0%
Relisted 20%
Inventory 25
Median Rent $1,600
Market Action 61
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
$1,025,000 4,269 2.5 - 5 acres 4 4 61 1 2 80
$434,900 2,553 0.25 - 0.5 acre 4 2 39 2 1 31
$344,950 2,502 0.25 - 0.5 acre 4 3 36 0 1 49
$245,000 1,374 8,000 - 10,000 sqft 3 2 67 1 3 21