Altos Market Data for Realtors

River Grove, IL

Single-Family Homes

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River Grove, IL

Tue Sep 21 2021
This week the median list price for River Grove, IL is $294,700 with the market action index hovering around 72. This is an increase over last month's market action index of 71. Inventory has decreased to 9. Click here to stay informed with the River Grove 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.

River Grove, IL

Tue Sep 21 2021
This week the median list price for River Grove, IL is $294,700 with the market action index hovering around 72. This is an increase over last month's market action index of 71. Inventory has decreased to 9. Click here to stay informed with the River Grove 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 River Grove market.
Median List Price $294,700
Median Price of New Listings $267,300
Per Square Foot $191
Average Days on Market 104
Median Days on Market 84
Price Decreased 56%
Price Increased 0%
Relisted 11%
Inventory 9
Median Rent
Market Action 72
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$517,000 3,540 8,000 - 10,000 sqft 3 2 98 0 0 108
$312,950 1,592 4,500 - 6,500 sqft 4 2 91 0 0 210
$287,350 1,154 4,500 - 6,500 sqft 3 2 68 1 2 77
$239,900 1,517 4,500 - 6,500 sqft 4 3 70 1 1 63