Northlake, IL

Balanced market-40.8% YoY

Housing market overview · Updated weekly

$272,500median sale price

Homes sold

6

Last 12 weeks

Days on market

37

Average pace

Active listings

18

3.0 months supply

Sale-to-list

99.7%

Below asking

The Northlake housing market is currently classified as a balanced market with a median sale price of $272,500. Prices have fallen 40.8% compared to last year, with homes spending an average of 37 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Northlake

There are currently 18 homes listed for sale in Northlake, Il. The median listing price is $350K.

Active listings

18

Homes on market

Median list price

$350K

Avg. days on market

37

Days until sale

New this week

6

Newly listed

Sale-to-list:99.7%

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Frequently asked questions

What is the average home price in Northlake?

The median home sale price in Northlake is $272,500, down 40.8% from last year.

How long do homes stay on market in Northlake?

Homes typically spend 37 days on market before going under contract.

Is Northlake a buyer's or seller's market?

With 3.0 months of supply, Northlake is currently a balanced market.

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