Altos Market Data for Realtors

Markham, IL

Single-Family Homes

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Markham, IL

Tue Sep 21 2021
This week the median list price for Markham, IL is $125,000 with the market action index hovering around 51. This is less than last month's market action index of 57. Inventory has increased to 35. Click here to stay informed with the Markham market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Markham, IL

Tue Sep 21 2021
This week the median list price for Markham, IL is $125,000 with the market action index hovering around 51. This is less than last month's market action index of 57. Inventory has increased to 35. Click here to stay informed with the Markham market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Markham market.
Median List Price $125,000
Median Price of New Listings $114,000
Per Square Foot $103
Average Days on Market 65
Median Days on Market 42
Price Decreased 14%
Price Increased 6%
Relisted 9%
Inventory 35
Median Rent $1,750
Market Action 51
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$189,450 1,785 4,500 - 6,500 sqft 4 1 63 1 1 28
$135,000 1,242 6,500 - 8,000 sqft 3 1 62 1 0 42
$125,000 1,060 6,500 - 8,000 sqft 3 1 65 1 1 49
$87,000 1,100 4,500 - 6,500 sqft 3 1 61 2 2 84