Altos Market Data for Realtors

Monee, IL

Single-Family Homes

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Monee, IL

Tue May 30 2023
This week the median list price for Monee, IL is $384,900 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has increased to 19. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Monee, IL

Tue May 30 2023
This week the median list price for Monee, IL is $384,900 with the market action index hovering around 44. This is an increase over last month's market action index of 42. Inventory has increased to 19. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Monee market.
Median List Price $384,900
Median Price of New Listings $457,000
Per Square Foot $170
Average Days on Market 162
Median Days on Market 70
Price Decreased 32%
Price Increased 11%
Relisted 11%
Inventory 19
Median Rent
Market Action 44
Slight Seller's Advantage

The market seems to have paused around this plateau. 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
$679,450 3,150 1 - 2.5 acres 4 3 16 1 1 119
$570,000 2,538 1 - 2.5 acres 4 3 17 2 1 35
$384,900 2,300 0.25 - 0.5 acre 4 2.5 0 1 0 140
$239,900 2,046 0.25 - 0.5 acre 3 2 25 2 1 14