Altos Market Data for Realtors

South Holland, IL

Single-Family Homes

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South Holland, IL

Tue Sep 21 2021
This week the median list price for South Holland, IL is $219,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has increased to 41. Click here to stay informed with the South Holland 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

South Holland, IL

Tue Sep 21 2021
This week the median list price for South Holland, IL is $219,000 with the market action index hovering around 70. This is less than last month's market action index of 73. Inventory has increased to 41. Click here to stay informed with the South Holland 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 South Holland market.
Median List Price $219,000
Median Price of New Listings $225,000
Per Square Foot $128
Average Days on Market 85
Median Days on Market 49
Price Decreased 24%
Price Increased 7%
Relisted 17%
Inventory 41
Median Rent $2,100
Market Action 70
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
$289,000 1,819 8,000 - 10,000 sqft 3 2 54 3 2 35
$239,950 1,400 6,500 - 8,000 sqft 3 2 54 5 2 14
$181,450 1,447 6,500 - 8,000 sqft 3 2 59 1 2 77
$149,900 1,288 6,500 - 8,000 sqft 3 1 63 4 2 35