Des Plaines Real Estate Trends & Statistics

Des Plaines Median List Price

$173,000

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Des Plaines Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	338	343	1%	504	33%
Median List Price	$173,000	$175,000	1%	$169,000	2%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	13%	12%		12%
Median DOM	65	69	6%	75	13%
Median House Size	1,387	1,386		1,365	2%
Median $/Sqft	$130/sqft	$132/sqft	2%	$128/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	147	154	5%	201	27%
Median List Price	$255,000	$259,000	2%	$248,500	3%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	10%	10%		6%
Median DOM	57	73	22%	74	23%
Median House Size	1,536	1,600	4%	1,570	2%
Median $/Sqft	$162/sqft	$159/sqft	2%	$159/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	191	189	1%	303	37%
Median List Price	$119,900	$117,800	2%	$119,900
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	15%	14%		17%
Median DOM	72	63	14%	75	4%
Median House Size	1,244	1,200	4%	1,200	4%
Median $/Sqft	$105/sqft	$107/sqft	2%	$102/sqft	3%

Des Plaines Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	126	104	79	97	64	78	71
New Listings	155	111	112	145	127	122	167
Sold/Expired	235	249	219	220	177	185	173

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	61	40	35	40	31	43	37
New Listings	67	53	49	63	57	54	80
Sold/Expired	106	104	107	91	83	89	84

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	65	64	44	57	33	35	34
New Listings	88	58	63	82	70	68	87
Sold/Expired	129	145	112	129	94	96	89

Des Plaines, Illinois real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Des Plaines homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Des Plaines. Movoto is your comprehensive source for Des Plaines property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Des Plaines, IL Market Overview

Inventory: 338 Recently Sold: 173 New Listings: 167 Distressed: 13

Des Plaines's home resale inventories decreased slightly, with a 1 percent decrease since April 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in May. The median listing price in Des Plaines went down from April to May. There were a total of 8 price increases and 71 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

2523 S Scott St, Des Plaines, IL