Is 60026, 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, 60026 has remained a Seller's Market.
Housing Prices in 60026, IL
How much do homes in 60026, IL cost?
Median Sold Price
$695,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60026 was $695,000 in April 2024, up 6.9% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $395K | N/A |
2 Bedrooms | $420K | $428K | +1.9% |
3 Bedrooms | $599K | $625K | +4.3% |
4 Bedrooms | $757.5K | $772K | +1.9% |
5+ Bedrooms | $1.1M | $1.0M | -10.1% |
Summary: 60026 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 1.9%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 10.1%.
Housing Supply in 60026, IL
How many homes are available in 60026, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 45 | +45.2% |
Summary: The 60026 real estate market had 45 homes for sale in April 2024, a 45.2% 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 | 1 | 3 | +200.0% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The 60026 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 200%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 60026 in April 2024, up by 22.2% month-over-month. Of the 11 sold homes, 55% were sold under asking, 0% were sold at asking, and 45% were sold over asking.
Days on Market for 60026, IL
How long does it take to sell a home in 60026, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 17 Days | +133.9% |
Summary: Homes in 60026 had an average of 17 days on market in Apr 2024, up by 133.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in 60026; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.