Is 60064, 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, 60064 has remained a Seller's Market.
Housing Prices in 60064, IL
How much do homes in 60064, IL cost?
Median Sold Price
$175,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60064 was $175,000 in April 2024, up 11.8% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94.2K | $107K | +13.5% |
2 Bedrooms | $127K | $150K | +18.1% |
3 Bedrooms | $154K | $210K | +36.4% |
4 Bedrooms | $180K | $175K | -2.8% |
5+ Bedrooms | $196.7K | $214.7K | +9.1% |
Summary: 60064 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 18.1%, 3 bedroom homes increased by 36.4%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 9.1%.
Housing Supply in 60064, IL
How many homes are available in 60064, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The 60064 real estate market had 29 homes for sale in April 2024, a 20.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 6 | 10 | +66.7% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 60064 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 60064 in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for 60064, IL
How long does it take to sell a home in 60064, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 12 Days | -27.5% |
Summary: Homes in 60064 had an average of 12 days on market in Apr 2024, down by 27.5% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 60064; 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.