Altos Market Data for Realtors

Peotone, IL

Single-Family Homes

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Peotone, IL

Tue Sep 21 2021
This week the median list price for Peotone, IL is $323,400 with the market action index hovering around 58. This is an increase over last month's market action index of 53. Inventory has held steady at or around 12. Click here to stay informed with the Peotone market!

Market Action Index

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

Strong Seller's Market

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.

Peotone, IL

Tue Sep 21 2021
This week the median list price for Peotone, IL is $323,400 with the market action index hovering around 58. This is an increase over last month's market action index of 53. Inventory has held steady at or around 12. Click here to stay informed with the Peotone market!

Market Action Index

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

Strong Seller's Market

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 Peotone market.
Median List Price $323,400
Median Price of New Listings $162,400
Per Square Foot $141
Average Days on Market 110
Median Days on Market 21
Price Decreased 25%
Price Increased 0%
Relisted 8%
Inventory 12
Median Rent
Market Action 58
Strong Seller's Market

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
$700,000 3,750 10 - 20 acres 4 3 81 0 0 49
$359,900 2,400 5 - 10 acres 3 2 20 1 0 14
$240,000 1,800 0.25 - 0.5 acre 3 1 51 0 0 42
$154,900 1,630 8,000 - 10,000 sqft 3 1 22 3 1 14