Altos Market Data for Realtors

Westchester, IL

Single-Family Homes

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Westchester, IL

Tue May 30 2023
This week the median list price for Westchester, IL is $350,000 with the market action index hovering around 76. This is an increase over last month's market action index of 75. Inventory has decreased to 13. Click here to stay informed with the Westchester market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Westchester, IL

Tue May 30 2023
This week the median list price for Westchester, IL is $350,000 with the market action index hovering around 76. This is an increase over last month's market action index of 75. Inventory has decreased to 13. Click here to stay informed with the Westchester market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Westchester market.
Median List Price $350,000
Median Price of New Listings $279,000
Per Square Foot $219
Average Days on Market 43
Median Days on Market 28
Price Decreased 38%
Price Increased 0%
Relisted 8%
Inventory 13
Median Rent
Market Action 76
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$410,000 1,500 6,500 - 8,000 sqft 4 2.5 71 0 2 7
$385,000 2,100 6,500 - 8,000 sqft 4 2.5 71 0 0 35
$329,900 1,890 4,500 - 6,500 sqft 4 2 70 1 1 28
$261,250 977 6,500 - 8,000 sqft 2 1.5 67 2 2 17