Is 60034, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 60034 has remained a Seller's Market.
Housing Prices in 60034, IL
How much do homes in 60034, IL cost?
Median Sold Price
$222,500
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 60034 was $222,500 in February 2024, up 20.6% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $132.4K | N/A |
2 Bedrooms | $150K | $150.2K | 0.2% |
3 Bedrooms | $201.4K | $246K | +22.1% |
4 Bedrooms | $287K | $254K | -11.5% |
5+ Bedrooms | $183.3K | $490K | +167.3% |
Summary: 60034 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 22.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 167.3%.
Housing Supply in 60034, IL
How many homes are available in 60034, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 6 | -33.3% |
Summary: The 60034 real estate market had 6 homes for sale in February 2024, a 33.3% decrease compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 7 | 4 | -42.9% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 60034 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in 60034 in February 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 60034, IL
How long does it take to sell a home in 60034, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
10 Days | 13 Days | +28.6% |
Summary: Homes in 60034 had an average of 13 days on market in Feb 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 2 homes were sold in 60034; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.