Is 60044, 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, 60044 has remained a Seller's Market.
Housing Prices in 60044, IL
How much do homes in 60044, IL cost?
Median Sold Price
$570,000
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60044 was $570,000 in March 2024, up 16.2% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $150K | +30.4% |
2 Bedrooms | $200K | $235K | +17.5% |
3 Bedrooms | $435K | $555K | +27.6% |
4 Bedrooms | $775K | $727.5K | -6.1% |
5+ Bedrooms | $950K | $1.0M | +5.3% |
Summary: 60044 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.4%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 27.6%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 60044, IL
How many homes are available in 60044, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
40 | 43 | +7.5% |
Summary: The 60044 real estate market had 43 homes for sale in March 2024, a 7.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 11 | 8 | -27.3% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 60044 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 10%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 60044 in March 2024, up by 14.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 60044, IL
How long does it take to sell a home in 60044, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 22 Days | -68.1% |
Summary: Homes in 60044 had an average of 22 days on market in Mar 2024, down by 68.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 8 homes were sold in 60044; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.