Crest Hill currently leans toward sellers, with the market gauge indicating a seller's market at 16. Months of supply sit at 2.4, low enough to keep conditions tilted away from buyers. Homes are taking a median of 41 days to go under contract in this rolling three-month window.
Prices have moved higher over the past year, with the typical home value up about 14 percent compared with the same three-month period last year. The median list price is also higher year over year, rising around 13 percent, which points to sellers feeling confident about pricing. At the same time, the share of homes selling above list has edged down to about 38 percent from roughly half a year earlier, suggesting slightly less intense bidding pressure than before.
Inventory trends are mixed, which matters for both sides of the table. Active listings are down modestly compared with a year ago, yet months of supply have risen more than 40 percent, indicating buyers have a bit more breathing room even though conditions still favor sellers. Sales volume is slightly lower than last year and new listings are down, so buyers face fewer options even as price growth continues. With these crosscurrents in Crest Hill, both buyers looking for opportunities and sellers aiming to maximize value can benefit from Agent Pronto’s help connecting with a local real estate agent.
