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

Tue May 30 2023
This week the median list price for Herscher, IL is $144,900 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 1. 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.

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.

Herscher, IL

Tue May 30 2023
This week the median list price for Herscher, IL is $144,900 with the market action index hovering around 34. This is about the same as last month's market action index of 34. Inventory has held steady at or around 1. 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.

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 Herscher market.
Median List Price $144,900
Median Price of New Listings $0
Per Square Foot $131
Average Days on Market 140
Median Days on Market 140
Price Decreased 100%
Price Increased 0%
Relisted 0%
Inventory 1
Median Rent
Market Action 34
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
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N/A N/A N/A N/A N/A N/A N/A N/A N/A
$144,900 1,100 - 2 1 143 0 0 140