Altos Market Data for Realtors

Harvey, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Harvey, IL

Tue Sep 21 2021
This week the median list price for Harvey, IL is $86,475 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 44. Click here to stay informed with the Harvey market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Harvey, IL

Tue Sep 21 2021
This week the median list price for Harvey, IL is $86,475 with the market action index hovering around 39. This is less than last month's market action index of 40. Inventory has decreased to 44. Click here to stay informed with the Harvey market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Harvey market.
Median List Price $86,475
Median Price of New Listings $122,499
Per Square Foot $83
Average Days on Market 69
Median Days on Market 42
Price Decreased 18%
Price Increased 7%
Relisted 9%
Inventory 44
Median Rent $1,900
Market Action 39
Slight Seller's Advantage

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$142,000 1,189 4,500 - 6,500 sqft 3 1 62 1 2 35
$97,000 1,127 4,500 - 6,500 sqft 3 1 63 1 3 49
$74,900 930 4,500 - 6,500 sqft 3 1 75 0 0 42
$55,000 942 4,500 - 6,500 sqft 3 1 91 0 0 28