Altos Market Data for Realtors

Itasca, IL

Single-Family Homes

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Itasca, IL

Tue Sep 21 2021
This week the median list price for Itasca, IL is $559,900 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has decreased to 17. Click here to stay informed with the Itasca 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Itasca, IL

Tue Sep 21 2021
This week the median list price for Itasca, IL is $559,900 with the market action index hovering around 33. This is an increase over last month's market action index of 30. Inventory has decreased to 17. Click here to stay informed with the Itasca 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 Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Itasca market.
Median List Price $559,900
Median Price of New Listings $559,900
Per Square Foot $229
Average Days on Market 118
Median Days on Market 91
Price Decreased 65%
Price Increased 6%
Relisted 29%
Inventory 17
Median Rent $2,250
Market Action 33
Slight Seller's Advantage

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
$869,000 4,028 0.5 - 1 acre 4 3 24 0 1 150
$624,450 3,615 0.25 - 0.5 acre 4 3 18 1 0 126
$442,500 2,406 0.5 - 1 acre 4 2 51 1 1 147
$274,900 1,178 8,000 - 10,000 sqft 3 1 64 1 1 14