Altos Market Data for Realtors

Medinah, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com


Current active inventory in Medinah, IL is very low. Keep this in mind when looking at this report.

Medinah, IL

Tue May 30 2023
This week the median list price for Medinah, IL is $579,900 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 2. Click here to stay informed with the Medinah 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Medinah, IL

Tue May 30 2023
This week the median list price for Medinah, IL is $579,900 with the market action index hovering around 39. This is about the same as last month's market action index of 39. Inventory has decreased to 2. Click here to stay informed with the Medinah 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Medinah market.
Median List Price $579,900
Median Price of New Listings $0
Per Square Foot $213
Average Days on Market 98
Median Days on Market 98
Price Decreased 100%
Price Increased 0%
Relisted 50%
Inventory 2
Median Rent
Market Action 39
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$599,900 3,036 0.5 - 1 acre 5 3.5 69 0 0 84
$559,900 2,428 0.5 - 1 acre 5 2.5 52 0 0 112