Villa Park's real estate market is currently hot with low inventory and high demand. Home prices have decreased 29.5% in the past month. With only 3 active listings, inventory is 84% lower than typical for this time of year. Transaction volume is up 33% compared to what's typically expected this time of year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Villa Park market with the affordability index at 2447.3. Based on current market indicators, home prices in Villa Park are projected to decrease by approximately 15.8% over the next month.
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