Altos Market Data for Realtors

Lansing, IL

Single-Family Homes

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Lansing, IL

Tue Sep 21 2021
This week the median list price for Lansing, IL is $195,000 with the market action index hovering around 81. This is less than last month's market action index of 82. Inventory has decreased to 42. Click here to stay informed with the Lansing market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Lansing, IL

Tue Sep 21 2021
This week the median list price for Lansing, IL is $195,000 with the market action index hovering around 81. This is less than last month's market action index of 82. Inventory has decreased to 42. Click here to stay informed with the Lansing market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Lansing market.
Median List Price $195,000
Median Price of New Listings $189,900
Per Square Foot $145
Average Days on Market 58
Median Days on Market 35
Price Decreased 17%
Price Increased 7%
Relisted 5%
Inventory 42
Median Rent $775
Market Action 81
Strong Seller's Market

Prices hit another all time high this week. Given current conditions, prices continue to march higher. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$259,950 1,850 8,000 - 10,000 sqft 4 2 53 3 2 14
$207,900 1,171 6,500 - 8,000 sqft 3 2 57 4 3 42
$185,000 1,110 4,500 - 6,500 sqft 3 1 65 5 1 42
$139,900 1,078 4,500 - 6,500 sqft 3 1 67 5 3 42