Altos Market Data for Realtors

Glen Ellyn, IL

Single-Family Homes

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Glen Ellyn, IL

Tue Sep 21 2021
This week the median list price for Glen Ellyn, IL is $525,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has decreased to 94. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Glen Ellyn, IL

Tue Sep 21 2021
This week the median list price for Glen Ellyn, IL is $525,000 with the market action index hovering around 40. This is an increase over last month's market action index of 39. Inventory has decreased to 94. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Glen Ellyn market.
Median List Price $525,000
Median Price of New Listings $522,500
Per Square Foot $248
Average Days on Market 133
Median Days on Market 77
Price Decreased 47%
Price Increased 4%
Relisted 32%
Inventory 94
Median Rent $2,900
Market Action 40
Slight Seller's Advantage

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
$1,125,000 4,000 0.25 - 0.5 acre 5 4 19 1 1 147
$629,900 2,774 0.25 - 0.5 acre 4 2 43 5 4 84
$472,000 1,956 0.25 - 0.5 acre 3 2 65 4 2 31
$327,200 1,285 0.25 - 0.5 acre 3 2 67 4 2 28