Is 60033, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60033 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 60033 has remained a Seller's Market.

Key Takeaway

60033 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60033, IL

How much do homes in 60033, IL cost?

Median Sold Price

$225,800

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$14,800(+7.0%)

Key Takeaway

Homes in 60033 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 60033 was $225,800 in March 2024, up 7% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $100K-
N/A
2 $138K$170K
+23.2%
3 $225K$239.9K
+6.6%
4 $235K$282.5K
+20.2%
5+ $250K$193.2K
-22.7%

Summary: 60033 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 20.2%, and 5+ bedroom homes decreased by 22.7%.

Median Sold Price Compared To Nearby Zip Codes

60034
+34.6%
53585
+24.5%
60033
+7.0%
53184
-2.7%

Housing Supply in 60033, IL

How many homes are available in 60033, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3335+6.1%

Summary: The 60033 real estate market had 35 homes for sale in March 2024, a 6.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2021
+5.0%
4 1011
+10.0%
5+ 12
+100.0%

Summary: The 60033 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
413+225.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60033, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 60033 in March 2024, up by 225.0% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% were sold over asking.

Days on Market for 60033, IL

How long does it take to sell a home in 60033, IL?

Average Sale Time

Mar 2023Mar 2024CHANGE
19 Days56 Days+192.5%

Summary: Homes in 60033 had an average of 56 days on market in Mar 2024, up by 192.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60033 are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 13 homes were sold in 60033; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% 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 24 Days Ago

Newest Listings in 60033, IL

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