Calumet City, IL

Buyer's market-23.8% YoY

Housing market overview · Updated weekly

$138,000median sale price

Homes sold

21

Last 12 weeks

Days on market

113

Average pace

Active listings

189

9.0 months supply

Sale-to-list

95.0%

Below asking

The Calumet City housing market is currently classified as a buyer's market with a median sale price of $138,000. Prices have fallen 23.8% compared to last year, with homes spending an average of 113 days on market, indicating 9.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Calumet City

There are currently 189 homes listed for sale in Calumet City, Illinois. The median listing price is $178K.

Active listings

189

Homes on market

Median list price

$178K

Avg. days on market

113

Days until sale

New this week

43

Newly listed

Price drops:22.2%of listings
Sale-to-list:95.0%

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Frequently asked questions

What is the average home price in Calumet City?

The median home sale price in Calumet City is $138,000, down 23.8% from last year.

How long do homes stay on market in Calumet City?

Homes typically spend 113 days on market before going under contract.

Is Calumet City a buyer's or seller's market?

With 9.0 months of supply, Calumet City is currently a buyer's market.

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