Altos Market Data for Realtors

Herscher, IL

Single-Family Homes

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Current active inventory in Herscher, IL is very low. Keep this in mind when looking at this report.

Herscher, IL

Thu Jul 03 2025
This week the median list price for Herscher, IL is $224,900 with the market action index hovering around 49. This is an increase over last month's market action index of 38. Inventory has held steady at or around 3. Click here to stay informed with the Herscher market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Herscher, IL

Thu Jul 03 2025
This week the median list price for Herscher, IL is $224,900 with the market action index hovering around 49. This is an increase over last month's market action index of 38. Inventory has held steady at or around 3. Click here to stay informed with the Herscher market!

Market Action Index

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

Strong Seller's Market

Market Narrative

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Herscher market.
Median List Price $224,900
Median Price of New Listings $0
Per Square Foot $195
Average Days on Market 96
Median Days on Market 35
Price Decreased 33%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 49
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$319,900 1,640 - 3 2 36 0 1 28
$224,900 1,288 - 3 1 72 0 0 35
$199,900 960 - 3 1 52 0 0 224
$0 0 - NaN 0 NaN 0 0 NaN