Altos Market Data for Realtors

La Grange Park, IL

Single-Family Homes

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La Grange Park, IL

Tue Sep 21 2021
This week the median list price for La Grange Park, IL is $417,500 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 26. Click here to stay informed with the La Grange Park market!

Market Action Index

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

Strong Seller's Market

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.

La Grange Park, IL

Tue Sep 21 2021
This week the median list price for La Grange Park, IL is $417,500 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 26. Click here to stay informed with the La Grange Park market!

Market Action Index

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

Strong Seller's Market

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 La Grange Park market.
Median List Price $417,500
Median Price of New Listings $549,000
Per Square Foot $236
Average Days on Market 56
Median Days on Market 49
Price Decreased 58%
Price Increased 0%
Relisted 38%
Inventory 26
Median Rent $2,500
Market Action 45
Strong Seller's Market

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
$722,850 3,124 6,500 - 8,000 sqft 4 3 42 1 1 42
$552,000 2,150 6,500 - 8,000 sqft 3 3 81 2 2 42
$359,000 1,686 6,500 - 8,000 sqft 3 1 73 1 1 63
$289,000 1,350 6,500 - 8,000 sqft 3 2 69 1 0 35