Altos Market Data for Realtors

Stone Park, IL

Single-Family Homes

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Stone Park, IL

Tue Sep 21 2021
This week the median list price for Stone Park, IL is $211,500 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 4. Click here to stay informed with the Stone Park market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Stone Park, IL

Tue Sep 21 2021
This week the median list price for Stone Park, IL is $211,500 with the market action index hovering around 41. This is an increase over last month's market action index of 39. Inventory has decreased to 4. Click here to stay informed with the Stone Park market!

Market Action Index

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

Slight Seller's Advantage

Market conditions have recently resumed tightening. As the rate of home sales increases relative to the number of homes on the market, the Market Action Index increases. Even though the MAI is technically in the Seller’s zone, prices have not yet started climbing along with the changes in Market Action, but expect them to do so if the trend continues.

Real-Time Market Profile

Never miss important changes in the Stone Park market.
Median List Price $211,500
Median Price of New Listings $79,900
Per Square Foot $186
Average Days on Market 40
Median Days on Market 46
Price Decreased 50%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent $2,000
Market Action 41
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. 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
$229,900 1,152 0 - 4,500 sqft 3 1 60 0 0 14
$220,000 1,200 0 - 4,500 sqft 3 1 64 0 0 56
$203,000 1,068 0 - 4,500 sqft 3 1 63 0 0 35
$79,900 572 0 - 4,500 sqft 2 1 74 1 0 56