Altos Market Data for Realtors

Glen Ellyn, IL

Single-Family Homes

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Glen Ellyn, IL

Tue May 30 2023
This week the median list price for Glen Ellyn, IL is $639,900 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 31. Click here to stay informed with the Glen Ellyn market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Glen Ellyn, IL

Tue May 30 2023
This week the median list price for Glen Ellyn, IL is $639,900 with the market action index hovering around 57. This is less than last month's market action index of 63. Inventory has increased to 31. Click here to stay informed with the Glen Ellyn market!

Market Action Index

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

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Glen Ellyn market.
Median List Price $639,900
Median Price of New Listings $639,900
Per Square Foot $279
Average Days on Market 87
Median Days on Market 49
Price Decreased 23%
Price Increased 3%
Relisted 10%
Inventory 31
Median Rent
Market Action 57
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue demonstrate a nice up trend in general over the last several weeks.

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
$1,525,000 3,745 0.25 - 0.5 acre 5 3.5 51 2 1 63
$972,000 2,957 0.25 - 0.5 acre 4 3.3 72 3 0 38
$574,499 2,277 0.25 - 0.5 acre 4 2.5 61 4 0 35
$420,000 1,805 0.25 - 0.5 acre 4 2.3 61 2 0 52