Altos Market Data for Realtors

Lincolnwood, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Lincolnwood, IL

Tue Sep 21 2021
This week the median list price for Lincolnwood, IL is $558,450 with the market action index hovering around 41. This is less than last month's market action index of 45. Inventory has decreased to 30. Click here to stay informed with the Lincolnwood 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Lincolnwood, IL

Tue Sep 21 2021
This week the median list price for Lincolnwood, IL is $558,450 with the market action index hovering around 41. This is less than last month's market action index of 45. Inventory has decreased to 30. Click here to stay informed with the Lincolnwood 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Lincolnwood market.
Median List Price $558,450
Median Price of New Listings $589,995
Per Square Foot $225
Average Days on Market 97
Median Days on Market 49
Price Decreased 47%
Price Increased 3%
Relisted 23%
Inventory 30
Median Rent $3,280
Market Action 41
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
$950,000 4,354 0.25 - 0.5 acre 6 5 38 0 0 77
$599,900 2,578 6,500 - 8,000 sqft 3 3 64 4 0 28
$532,000 2,350 4,500 - 6,500 sqft 4 3 70 0 3 66
$398,500 1,813 4,500 - 6,500 sqft 3 1 69 1 0 28