Altos Market Data for Realtors

Wood Dale, IL

Single-Family Homes

Schedule a demo today at AltosResearch.com



Wood Dale, IL

Tue Sep 21 2021
This week the median list price for Wood Dale, IL is $372,450 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has decreased to 30. Click here to stay informed with the Wood Dale market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Wood Dale, IL

Tue Sep 21 2021
This week the median list price for Wood Dale, IL is $372,450 with the market action index hovering around 45. This is less than last month's market action index of 49. Inventory has decreased to 30. Click here to stay informed with the Wood Dale market!

Market Action Index

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

Strong Seller's Market

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Wood Dale market.
Median List Price $372,450
Median Price of New Listings $359,900
Per Square Foot $183
Average Days on Market 76
Median Days on Market 60
Price Decreased 50%
Price Increased 3%
Relisted 30%
Inventory 30
Median Rent $1,875
Market Action 45
Strong Seller's Market

The market seems to have paused around this plateau. 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
$589,000 3,667 0.25 - 0.5 acre 5 3 26 1 1 56
$399,900 2,250 8,000 - 10,000 sqft 4 2 52 1 0 77
$342,450 1,500 8,000 - 10,000 sqft 3 2 51 1 3 63
$277,450 1,219 8,000 - 10,000 sqft 3 1 60 2 1 24