Altos Market Data for Realtors

Kenilworth, IL

Single-Family Homes

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Kenilworth, IL

Tue May 30 2023
This week the median list price for Kenilworth, IL is $2,310,000 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has held steady at or around 12. Click here to stay informed with the Kenilworth market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Kenilworth, IL

Tue May 30 2023
This week the median list price for Kenilworth, IL is $2,310,000 with the market action index hovering around 31. This is less than last month's market action index of 35. Inventory has held steady at or around 12. Click here to stay informed with the Kenilworth market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. However, the market is still notably in the Seller’s zone so we haven’t yet seen prices move lower as a result. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Kenilworth market.
Median List Price $2,310,000
Median Price of New Listings $1,399,000
Per Square Foot $453
Average Days on Market 189
Median Days on Market 77
Price Decreased 50%
Price Increased 0%
Relisted 33%
Inventory 12
Median Rent
Market Action 31
Slight Seller's Advantage

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$3,495,000 6,500 0.25 - 0.5 acre 5 6.5 53 0 1 329
$2,569,000 5,688 0.5 - 1 acre 6 4.5 96 0 0 56
$2,145,000 5,000 0.25 - 0.5 acre 5 4.5 98 1 0 91
$879,000 3,217 4,500 - 6,500 sqft 4 3.5 115 0 0 63