Altos Market Data for Realtors

Harvard, IL

Single-Family Homes

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Harvard, IL

Tue May 30 2023
This week the median list price for Harvard, IL is $348,000 with the market action index hovering around 53. This is less than last month's market action index of 62. Inventory has increased to 13. Click here to stay informed with the Harvard 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 a Seller’s market, 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.

Harvard, IL

Tue May 30 2023
This week the median list price for Harvard, IL is $348,000 with the market action index hovering around 53. This is less than last month's market action index of 62. Inventory has increased to 13. Click here to stay informed with the Harvard 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 a Seller’s market, 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 Harvard market.
Median List Price $348,000
Median Price of New Listings $329,900
Per Square Foot $167
Average Days on Market 81
Median Days on Market 56
Price Decreased 46%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent
Market Action 53
Strong Seller's Market

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

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
$925,000 4,323 N/A 4 3.5 32 0 0 21
$525,000 2,900 5 - 10 acres 4 2.5 57 1 0 98
$329,900 2,362 1 - 2.5 acres 4 2 43 1 0 77
$179,700 1,701 0.25 - 0.5 acre 3 1.5 118 1 1 52