Housing Market Report for Minooka Community High School District 111, IL

Save Report Share

This housing market report uses absorption rates to track supply and demand for Minooka Community High School District 111, IL. With 3.3 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 1, 2026]

What is an Absorption Rate? How is Absorption Rate calculated? How is Months of Inventory calculated? Market Conditions Guide
Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

Dan Kaiser
Dan Kaiser
Real Estate Agent

Have questions? Looking to buy or sell? (888) 326-2726

Email Me

Houses

Coolest Segment ❄️
$175k – $200k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$425k – $450k

0 active listings with 2 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
175k-200k 1 1 0.2 0 Seller's
425k-450k 2 0.3 0 Seller's
500k-550k 1 0.2 0 Seller's
950k-1m 1 0.2 0 Seller's

Townhouses

Coolest Segment ❄️
$275k – $300k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
275k-300k 1 0.2 0 Seller's

Condos

Coolest Segment ❄️
$225k – $250k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$225k – $250k

0 active listings with 1 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
225k-250k 1 0.2 0 Seller's
275k-300k 1 0.2 0 Seller's

Land

Hottest Segment 🔥
$350k – $375k

Absorption rate of 0.

Coolest Segment ❄️
$1.4m – $1.5m

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$1.4m – $1.5m

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

With 30 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months Sold in Last 6 Months 		Under
Contract Sold in Last 6 Months 		Absorption
Rate Absorption Rate 		Months of
Inventory Months of Inventory 		Market
350k-375k 1 0
550k-600k 1 0
700k-750k 1 0
1.4m-1.5m 1 0.2 0 Seller's
1.5m-1.6m 2 0