Is 60629, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 60629 was a Seller's Market.
Housing Prices in 60629, IL
How much do homes in 60629, IL cost?
Median Sold Price
$269,734
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60629 was $269,734 in April 2024, up 3.7% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $172.4K | - | N/A |
2 Bedrooms | $212.5K | $240K | +13.0% |
3 Bedrooms | $250.5K | $258.5K | +3.2% |
4 Bedrooms | $275K | $275K | 0.0% |
5+ Bedrooms | $309K | $315K | +1.9% |
Summary: 60629 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 3.2%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 1.9%.
Housing Supply in 60629, IL
How many homes are available in 60629, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
119 | 155 | +30.3% |
Summary: The 60629 real estate market had 155 homes for sale in April 2024, a 30.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 18 | +38.5% |
3 Bedrooms | 36 | 46 | +27.8% |
4 Bedrooms | 36 | 44 | +22.2% |
5+ Bedrooms | 34 | 47 | +38.2% |
Summary: The 60629 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 38.5%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 38.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 24 | -20.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 60629 in April 2024, down by 20.0% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.
Days on Market for 60629, IL
How long does it take to sell a home in 60629, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 19 Days | -16.5% |
Summary: Homes in 60629 had an average of 19 days on market in Apr 2024, down by 16.5% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 60629; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.