Is 60035, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 60035 has remained a Seller's Market.
Housing Prices in 60035, IL
How much do homes in 60035, IL cost?
Median Sold Price
$663,516
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60035 was $663,516 in March 2024, up 5.1% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $209K | +26.7% |
2 Bedrooms | $345K | $427.5K | +23.9% |
3 Bedrooms | $500K | $515.5K | +3.1% |
4 Bedrooms | $737K | $727K | -1.4% |
5+ Bedrooms | $1.0M | $1.1M | +16.3% |
Summary: 60035 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 23.9%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 16.3%.
Housing Supply in 60035, IL
How many homes are available in 60035, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
108 | 118 | +9.3% |
Summary: The 60035 real estate market had 118 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 38 | 38 | 0.0% |
4 Bedrooms | 37 | 41 | +10.8% |
5+ Bedrooms | 21 | 24 | +14.3% |
Summary: The 60035 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
25 | 28 | +12.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 60035 in March 2024, up by 12.0% month-over-month. Of the 28 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 60035, IL
How long does it take to sell a home in 60035, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 24 Days | -36.8% |
Summary: Homes in 60035 had an average of 24 days on market in Mar 2024, down by 36.8% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 28 homes were sold in 60035; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.