Altos Market Data for Realtors

Riverdale, IL

Single-Family Homes

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Riverdale, IL

Tue Sep 21 2021
This week the median list price for Riverdale, IL is $124,900 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 29. Click here to stay informed with the Riverdale 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Riverdale, IL

Tue Sep 21 2021
This week the median list price for Riverdale, IL is $124,900 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 29. Click here to stay informed with the Riverdale 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 plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its 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 Riverdale market.
Median List Price $124,900
Median Price of New Listings $139,900
Per Square Foot $111
Average Days on Market 70
Median Days on Market 35
Price Decreased 17%
Price Increased 3%
Relisted 10%
Inventory 29
Median Rent $1,350
Market Action 50
Strong Seller's Market

The market appears to be 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
$184,900 1,228 0 - 4,500 sqft 3 2 65 2 1 21
$140,000 1,060 0 - 4,500 sqft 3 1 79 0 1 126
$118,000 1,000 0 - 4,500 sqft 3 1 68 1 0 35
$98,750 1,172 4,500 - 6,500 sqft 3 1 68 1 5 24