Altos Market Data for Realtors

Hinckley, IL

Single-Family Homes

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Hinckley, IL

Tue Sep 21 2021
This week the median list price for Hinckley, IL is $306,950 with the market action index hovering around 63. This is an increase over last month's market action index of 60. Inventory has decreased to 4. Click here to stay informed with the Hinckley 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Hinckley, IL

Tue Sep 21 2021
This week the median list price for Hinckley, IL is $306,950 with the market action index hovering around 63. This is an increase over last month's market action index of 60. Inventory has decreased to 4. Click here to stay informed with the Hinckley 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Hinckley market.
Median List Price $306,950
Median Price of New Listings $0
Per Square Foot $134
Average Days on Market 67
Median Days on Market 46
Price Decreased 50%
Price Increased 25%
Relisted 50%
Inventory 4
Median Rent
Market Action 63
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$329,999 2,150 0.25 - 0.5 acre 5 3 20 0 0 21
$314,900 2,000 0.25 - 0.5 acre 3 2 53 0 0 21
$299,000 2,588 0.25 - 0.5 acre 5 2 40 0 0 70
$219,500 2,400 0.25 - 0.5 acre 4 2 119 0 0 154