Is 60634, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 60634 has remained a Seller's Market.
Housing Prices in 60634, IL
How much do homes in 60634, IL cost?
Median Sold Price
$355,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60634 was $355,000 in April 2024, up 5% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $126.5K | $133.2K | +5.3% |
2 Bedrooms | $270K | $275K | +1.9% |
3 Bedrooms | $345K | $360K | +4.3% |
4 Bedrooms | $394K | $385K | -2.3% |
5+ Bedrooms | $463K | $466.4K | +0.7% |
Summary: 60634 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 0.7%.
Housing Supply in 60634, IL
How many homes are available in 60634, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
161 | 178 | +10.6% |
Summary: The 60634 real estate market had 178 homes for sale in April 2024, a 10.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 38 | 44 | +15.8% |
3 Bedrooms | 56 | 71 | +26.8% |
4 Bedrooms | 47 | 46 | -2.1% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The 60634 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 26.8%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 53 | +10.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in 60634 in April 2024, up by 10.4% month-over-month. Of the 53 sold homes, 40% were sold under asking, 19% were sold at asking, and 42% were sold over asking.
Days on Market for 60634, IL
How long does it take to sell a home in 60634, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 23 Days | +15.3% |
Summary: Homes in 60634 had an average of 23 days on market in Apr 2024, up by 15.3% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 53 homes were sold in 60634; 75% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.