Is 60010, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60010 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 60010 has remained a Seller's Market.

Key Takeaway

60010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60010, IL

How much do homes in 60010, IL cost?

Median Sold Price

$591,780

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,780(+1.9%)

Key Takeaway

Homes in 60010 have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in 60010 was $591,780 in April 2024, up 1.9% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $230K$203.7K
-11.4%
2 $274K$291.6K
+6.4%
3 $429K$462.5K
+7.8%
4 $641.5K$690K
+7.6%
5+ $1.0M$925.2K
-7.5%

Summary: 60010 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 7.5%.

Median Sold Price Compared To Nearby Zip Codes

60192
+6.1%
60013
+5.8%
60010
+1.9%
60021
-5.7%

Housing Supply in 60010, IL

How many homes are available in 60010, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
181227+25.4%

Summary: The 60010 real estate market had 227 homes for sale in April 2024, a 25.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 2023
+15.0%
3 3739
+5.4%
4 5881
+39.7%
5+ 6582
+26.2%

Summary: The 60010 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 39.7%, and 5+ bedroom homes increased by 26.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3940+2.6%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60010, you may be able to get a good deal. 47.5% of homes here sold below asking price last month.

Summary: A total of 40 homes were sold or pending in 60010 in April 2024, up by 2.6% month-over-month. Of the 40 sold homes, 48% were sold under asking, 23% were sold at asking, and 30% were sold over asking.

Days on Market for 60010, IL

How long does it take to sell a home in 60010, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days35 Days-9.3%

Summary: Homes in 60010 had an average of 35 days on market in Apr 2024, down by 9.3% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60010 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 40 homes were sold in 60010; 73% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 60010, IL

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