Altos Market Data for Realtors

Flossmoor, IL

Single-Family Homes

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Flossmoor, IL

Tue Sep 21 2021
This week the median list price for Flossmoor, IL is $332,500 with the market action index hovering around 63. This is less than last month's market action index of 67. Inventory has increased to 22. Click here to stay informed with the Flossmoor 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.

Flossmoor, IL

Tue Sep 21 2021
This week the median list price for Flossmoor, IL is $332,500 with the market action index hovering around 63. This is less than last month's market action index of 67. Inventory has increased to 22. Click here to stay informed with the Flossmoor 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 Flossmoor market.
Median List Price $332,500
Median Price of New Listings $375,000
Per Square Foot $133
Average Days on Market 51
Median Days on Market 25
Price Decreased 41%
Price Increased 0%
Relisted 9%
Inventory 22
Median Rent
Market Action 63
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
$439,900 3,818 0.5 - 1 acre 4 3 66 1 1 21
$384,700 2,706 0.25 - 0.5 acre 4 3 43 2 1 63
$299,200 2,409 0.25 - 0.5 acre 4 2 58 2 2 10
$232,350 1,523 0.25 - 0.5 acre 3 2 69 0 2 49