Altos Market Data for Realtors

Waterman, IL

Single-Family Homes

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Current active inventory in Waterman, IL is very low. Keep this in mind when looking at this report.

Waterman, IL

Tue May 30 2023
This week the median list price for Waterman, IL is $340,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 3. Click here to stay informed with the Waterman market!

Market Action Index

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

Slight Seller's Advantage

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Waterman, IL

Tue May 30 2023
This week the median list price for Waterman, IL is $340,000 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has increased to 3. Click here to stay informed with the Waterman market!

Market Action Index

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

Slight Seller's Advantage

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 so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Waterman market.
Median List Price $340,000
Median Price of New Listings $265,000
Per Square Foot $192
Average Days on Market 166
Median Days on Market 210
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 3
Median Rent
Market Action 36
Slight Seller's Advantage

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$364,500 1,890 0.25 - 0.5 acre 3 2 16 0 0 287
$340,000 1,735 - 3 2 16 0 0 210
$265,000 2,550 8,000 - 10,000 sqft 4 2.5 17 1 0 0