Altos Market Data for Realtors

Summit Argo, IL

Single-Family Homes

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Summit Argo, IL

Tue Jul 01 2025
This week the median list price for Summit Argo, IL is $329,900 with the market action index hovering around 62. This is less than last month's market action index of 63. Inventory has held steady at or around 5. Click here to stay informed with the Summit Argo market!

Market Action Index

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

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Summit Argo, IL

Tue Jul 01 2025
This week the median list price for Summit Argo, IL is $329,900 with the market action index hovering around 62. This is less than last month's market action index of 63. Inventory has held steady at or around 5. Click here to stay informed with the Summit Argo market!

Market Action Index

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

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Summit Argo market.
Median List Price $329,900
Median Price of New Listings $154,900
Per Square Foot $181
Average Days on Market 66
Median Days on Market 63
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 62
Strong Seller's Market

This week saw relatively little price change from last week. However the market appears to be trying to establish an uptrend. 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
$355,000 1,556 4,500 - 6,500 sqft 3 2 73 0 1 87
$329,900 1,384 - 4 2 76 0 0 7
$224,900 1,236 - 5 2 99 0 0 147
$154,900 1,100 - 3 1 100 1 0 0