Altos Market Data for Realtors

La Grange, IL

Single-Family Homes

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La Grange, IL

Tue Sep 21 2021
This week the median list price for La Grange, IL is $450,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 69. Click here to stay informed with the La Grange 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 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.

La Grange, IL

Tue Sep 21 2021
This week the median list price for La Grange, IL is $450,000 with the market action index hovering around 35. This is about the same as last month's market action index of 35. Inventory has held steady at or around 69. Click here to stay informed with the La Grange 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 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 La Grange market.
Median List Price $450,000
Median Price of New Listings $570,000
Per Square Foot $247
Average Days on Market 85
Median Days on Market 56
Price Decreased 61%
Price Increased 1%
Relisted 30%
Inventory 69
Median Rent $2,475
Market Action 35
Slight Seller's Advantage

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
$899,000 3,360 8,000 - 10,000 sqft 5 3 26 3 3 84
$584,900 2,747 0.25 - 0.5 acre 4 2 73 2 2 56
$414,900 1,927 6,500 - 8,000 sqft 3 2 68 1 3 56
$309,999 1,197 8,000 - 10,000 sqft 3 2 72 3 1 59