Altos Market Data for Realtors

Maple Park, IL

Single-Family Homes

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Maple Park, IL

Mon May 29 2023
This week the median list price for Maple Park, IL is $400,000 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 7. Click here to stay informed with the Maple Park market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since 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.

Maple Park, IL

Mon May 29 2023
This week the median list price for Maple Park, IL is $400,000 with the market action index hovering around 43. This is less than last month's market action index of 46. Inventory has increased to 7. Click here to stay informed with the Maple Park market!

Market Action Index

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

Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since 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 Maple Park market.
Median List Price $400,000
Median Price of New Listings $399,500
Per Square Foot $209
Average Days on Market 54
Median Days on Market 28
Price Decreased 14%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 43
Slight Seller's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$2,850,000 4,000 N/A 5 4.5 21 0 0 7
$781,750 2,466 10 - 20 acres 5 3 28 0 0 157
$399,500 1,953 1 - 2.5 acres 3 2.3 71 2 0 0
$269,950 1,469 0.5 - 1 acre 3 2 82 0 0 28