Altos Market Data for Realtors

Skokie, IL

Single-Family Homes

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Skokie, IL

Tue Jul 01 2025
This week the median list price for Skokie, IL is $609,450 with the market action index hovering around 67. This is less than last month's market action index of 70. Inventory has held steady at or around 38. Click here to stay informed with the Skokie market!

Market Action Index

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

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Skokie, IL

Tue Jul 01 2025
This week the median list price for Skokie, IL is $609,450 with the market action index hovering around 67. This is less than last month's market action index of 70. Inventory has held steady at or around 38. Click here to stay informed with the Skokie market!

Market Action Index

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

Strong Seller's Market

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Skokie market.
Median List Price $609,450
Median Price of New Listings $549,900
Per Square Foot $305
Average Days on Market 48
Median Days on Market 25
Price Decreased 24%
Price Increased 0%
Relisted 26%
Inventory 38
Median Rent
Market Action 67
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
$860,500 3,100 - 4 3.5 67 2 2 28
$683,165 2,400 - 4 3 68 1 0 28
$539,249 1,839 - 4 2.3 72 2 1 21
$449,000 1,352 - 3 2 70 2 3 56