Altos Market Data for Realtors

Monee, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Monee, IL

Tue Sep 21 2021
This week the median list price for Monee, IL is $364,900 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 31. Click here to stay informed with the Monee market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Monee, IL

Tue Sep 21 2021
This week the median list price for Monee, IL is $364,900 with the market action index hovering around 38. This is less than last month's market action index of 39. Inventory has decreased to 31. Click here to stay informed with the Monee market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Monee market.
Median List Price $364,900
Median Price of New Listings $242,450
Per Square Foot $152
Average Days on Market 119
Median Days on Market 126
Price Decreased 26%
Price Increased 23%
Relisted 13%
Inventory 31
Median Rent
Market Action 38
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
$649,000 3,600 1 - 2.5 acres 4 3 14 0 2 126
$464,950 3,079 1 - 2.5 acres 4 2 20 0 0 150
$349,900 2,300 - 4 2 1 0 0 175
$202,450 1,580 8,000 - 10,000 sqft 3 1 59 4 1 21