Altos Market Data for Realtors

Hickory Hills, IL

Single-Family Homes

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Hickory Hills, IL

Tue Sep 21 2021
This week the median list price for Hickory Hills, IL is $312,450 with the market action index hovering around 54. This is less than last month's market action index of 59. Inventory has increased to 18. Click here to stay informed with the Hickory Hills market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Hickory Hills, IL

Tue Sep 21 2021
This week the median list price for Hickory Hills, IL is $312,450 with the market action index hovering around 54. This is less than last month's market action index of 59. Inventory has increased to 18. Click here to stay informed with the Hickory Hills market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Hickory Hills market.
Median List Price $312,450
Median Price of New Listings $319,900
Per Square Foot $185
Average Days on Market 74
Median Days on Market 63
Price Decreased 56%
Price Increased 0%
Relisted 33%
Inventory 18
Median Rent
Market Action 54
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$399,950 2,000 0.25 - 0.5 acre 3 2 42 1 1 42
$334,900 1,524 8,000 - 10,000 sqft 3 2 53 1 0 63
$309,000 1,650 0.25 - 0.5 acre 3 2 57 1 0 84
$239,999 1,362 0.25 - 0.5 acre 3 2 67 1 0 28