Altos Market Data for Realtors

Matteson, IL

Single-Family Homes

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Matteson, IL

Tue Sep 21 2021
This week the median list price for Matteson, IL is $222,250 with the market action index hovering around 85. This is less than last month's market action index of 87. Inventory has decreased to 10. Click here to stay informed with the Matteson market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. 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.

Matteson, IL

Tue Sep 21 2021
This week the median list price for Matteson, IL is $222,250 with the market action index hovering around 85. This is less than last month's market action index of 87. Inventory has decreased to 10. Click here to stay informed with the Matteson market!

Market Action Index

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

Strong Seller's Market

The market has started cooling and prices have been flat for several weeks. 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 Matteson market.
Median List Price $222,250
Median Price of New Listings $222,250
Per Square Foot $122
Average Days on Market 83
Median Days on Market 14
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 10
Median Rent $1,959
Market Action 85
Strong Seller's Market

The market appears to be hovering around these current levels, though prices movved up a bit this week. 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
$302,500 2,312 6,500 - 8,000 sqft 4 3 9 0 0 24
$251,950 1,952 0.25 - 0.5 acre 4 2 48 1 1 3
$195,500 2,158 6,500 - 8,000 sqft 3 2 46 3 1 0
$110,550 1,100 8,000 - 10,000 sqft 3 1 59 0 0 273