Altos Market Data for Realtors

Rolling Meadows, IL

Single-Family Homes

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Rolling Meadows, IL

Tue Sep 21 2021
This week the median list price for Rolling Meadows, IL is $360,000 with the market action index hovering around 55. This is less than last month's market action index of 64. Inventory has decreased to 25. Click here to stay informed with the Rolling Meadows 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.

Rolling Meadows, IL

Tue Sep 21 2021
This week the median list price for Rolling Meadows, IL is $360,000 with the market action index hovering around 55. This is less than last month's market action index of 64. Inventory has decreased to 25. Click here to stay informed with the Rolling Meadows 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 Rolling Meadows market.
Median List Price $360,000
Median Price of New Listings $314,950
Per Square Foot $182
Average Days on Market 52
Median Days on Market 49
Price Decreased 48%
Price Increased 4%
Relisted 24%
Inventory 25
Median Rent $1,750
Market Action 55
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
$526,500 2,918 0.25 - 0.5 acre 4 3 34 0 1 63
$417,400 2,365 8,000 - 10,000 sqft 4 2 53 1 0 31
$329,900 1,781 8,000 - 10,000 sqft 4 2 56 2 3 24
$259,900 1,307 8,000 - 10,000 sqft 3 1 65 1 1 49