Altos Market Data for Realtors

Tinley Park, IL

Single-Family Homes

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Tinley Park, IL

Tue May 30 2023
This week the median list price for Tinley Park, IL is $355,000 with the market action index hovering around 81. This is an increase over last month's market action index of 78. Inventory has increased to 19. Click here to stay informed with the Tinley Park market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Tinley Park, IL

Tue May 30 2023
This week the median list price for Tinley Park, IL is $355,000 with the market action index hovering around 81. This is an increase over last month's market action index of 78. Inventory has increased to 19. Click here to stay informed with the Tinley Park market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Tinley Park market.
Median List Price $355,000
Median Price of New Listings $355,000
Per Square Foot $166
Average Days on Market 20
Median Days on Market 7
Price Decreased 26%
Price Increased 5%
Relisted 16%
Inventory 19
Median Rent
Market Action 81
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
$492,450 2,768 0.25 - 0.5 acre 4 2.5 16 2 1 21
$404,900 2,621 0.25 - 0.5 acre 4 3 34 3 3 0
$329,900 1,464 8,000 - 10,000 sqft 3 2 48 3 1 0
$299,000 1,400 6,500 - 8,000 sqft 3 1.5 61 3 3 7