Altos Market Data for Realtors

Woodridge, IL

Single-Family Homes

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Woodridge, IL

Tue Sep 21 2021
This week the median list price for Woodridge, IL is $435,000 with the market action index hovering around 69. This is less than last month's market action index of 71. Inventory has decreased to 19. Click here to stay informed with the Woodridge 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.

Woodridge, IL

Tue Sep 21 2021
This week the median list price for Woodridge, IL is $435,000 with the market action index hovering around 69. This is less than last month's market action index of 71. Inventory has decreased to 19. Click here to stay informed with the Woodridge 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 Woodridge market.
Median List Price $435,000
Median Price of New Listings $422,495
Per Square Foot $175
Average Days on Market 35
Median Days on Market 35
Price Decreased 32%
Price Increased 5%
Relisted 21%
Inventory 19
Median Rent
Market Action 69
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
$614,995 2,768 0.25 - 0.5 acre 4 3 13 1 1 63
$454,000 2,800 8,000 - 10,000 sqft 4 2 24 2 0 49
$409,990 2,200 8,000 - 10,000 sqft 4 2 40 4 3 0
$299,900 1,450 8,000 - 10,000 sqft 3 2 53 1 2 35