Altos Market Data for Realtors

Plano, IL

Single-Family Homes

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Plano, IL

Tue Sep 21 2021
This week the median list price for Plano, IL is $209,950 with the market action index hovering around 70. This is less than last month's market action index of 77. Inventory has increased to 22. Click here to stay informed with the Plano market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Plano, IL

Tue Sep 21 2021
This week the median list price for Plano, IL is $209,950 with the market action index hovering around 70. This is less than last month's market action index of 77. Inventory has increased to 22. Click here to stay informed with the Plano market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 Plano market.
Median List Price $209,950
Median Price of New Listings $184,900
Per Square Foot $145
Average Days on Market 59
Median Days on Market 21
Price Decreased 27%
Price Increased 5%
Relisted 14%
Inventory 22
Median Rent $2,500
Market Action 70
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
$564,813 2,800 1 - 2.5 acres 5 3 17 0 1 84
$224,900 1,579 8,000 - 10,000 sqft 3 2 16 0 2 21
$199,900 1,582 8,000 - 10,000 sqft 3 2 18 4 0 10
$152,450 992 6,500 - 8,000 sqft 3 1 76 3 3 14