Elmhurst Park Real Estate Market Extends Weakness in New Listings

The Elmhurst Park market will be less selective in the coming weeks. Sales rose this week to three homes sold over the last 30 days, and there is a determined downward trend in the number of new listings, with one going live in the same time frame. All indications show that the trend should continue, meaning less new listings over the next few weeks. Prices are falling in Elmhurst Park, and this period the median price of all sales fell from $590,000 to $500,000. The rising sales and a low one month of inventory point to Elmhurst Park being a strong seller's market.

Still haven't found the right home in Elmhurst Park? One of these new listings could end the search:

$409K   $349K   $574K  

Get started right now by checking out Elmhurst Park homes for sale or reviewing Elmhurst Park real estate trends.

Demographic facts for Elmhurst Park:

  • The median house value here is $164,641.
  • The area gets an average of 61 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 14.5%.
  • The student-to-teacher ratio is 71.8:1. (15.3:1 = national average)

Data reported through 10/19/2016

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Climb Real Estate Group
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Red Oak Realty
Snapped 1 home in this area
Bridgeway Realty
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