Altos Market Data for Realtors

Wonder Lake, IL

Single-Family Homes

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Wonder Lake, IL

Tue Sep 21 2021
This week the median list price for Wonder Lake, IL is $200,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has decreased to 41. Click here to stay informed with the Wonder Lake market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Wonder Lake, IL

Tue Sep 21 2021
This week the median list price for Wonder Lake, IL is $200,000 with the market action index hovering around 52. This is less than last month's market action index of 54. Inventory has decreased to 41. Click here to stay informed with the Wonder Lake market!

Market Action Index

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

Strong Seller's Market

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Wonder Lake market.
Median List Price $200,000
Median Price of New Listings $174,900
Per Square Foot $140
Average Days on Market 53
Median Days on Market 56
Price Decreased 61%
Price Increased 2%
Relisted 20%
Inventory 41
Median Rent $1,148
Market Action 52
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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
$324,995 2,400 0.25 - 0.5 acre 4 2 15 3 2 52
$224,160 1,678 0.25 - 0.5 acre 3 2 30 0 1 52
$194,450 1,114 6,500 - 8,000 sqft 3 1 69 3 2 38
$139,000 880 6,500 - 8,000 sqft 2 1 78 3 2 56