Altos Market Data for Realtors

Reddick, IL

Single-Family Homes

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

Reddick, IL

Tue May 30 2023
This week the median list price for Reddick, IL is $107,000 with the market action index hovering around 31. This is an increase over last month's market action index of 23. Inventory has held steady at or around 3. Click here to stay informed with the Reddick market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Reddick, IL

Tue May 30 2023
This week the median list price for Reddick, IL is $107,000 with the market action index hovering around 31. This is an increase over last month's market action index of 23. Inventory has held steady at or around 3. Click here to stay informed with the Reddick market!

Market Action Index

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

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Reddick market.
Median List Price $107,000
Median Price of New Listings $0
Per Square Foot $101
Average Days on Market 187
Median Days on Market 154
Price Decreased 67%
Price Increased 0%
Relisted 33%
Inventory 3
Median Rent
Market Action 31
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
$499,000 2,100 2.5 - 5 acres 3 2.5 27 0 0 392
$107,000 1,058 0.25 - 0.5 acre 3 2 26 0 0 154
$69,900 1,424 - 4 2.5 123 0 0 14