Is 60010, 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, 60010 has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $203.7K | -11.4% |
2 Bedrooms | $274K | $291.6K | +6.4% |
3 Bedrooms | $429K | $462.5K | +7.8% |
4 Bedrooms | $641.5K | $690K | +7.6% |
5+ Bedrooms | $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%.
Housing Supply in 60010, IL
How many homes are available in 60010, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
181 | 227 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 20 | 23 | +15.0% |
3 Bedrooms | 37 | 39 | +5.4% |
4 Bedrooms | 58 | 81 | +39.7% |
5+ Bedrooms | 65 | 82 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 40 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 35 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
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.