Is 60067, 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, 60067 has remained a Seller's Market.
Housing Prices in 60067, IL
How much do homes in 60067, IL cost?
Median Sold Price
$376,925
$206/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 60067 was $376,925 in February 2024, up 7.7% from last year, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $131.2K | $156.6K | +19.3% |
2 Bedrooms | $260K | $285K | +9.6% |
3 Bedrooms | $356K | $399.9K | +12.3% |
4 Bedrooms | $558K | $531K | -4.8% |
5+ Bedrooms | $727.5K | $621.2K | -14.6% |
Summary: 60067 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in 60067, IL
How many homes are available in 60067, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
95 | 117 | +23.2% |
Summary: The 60067 real estate market had 117 homes for sale in February 2024, a 23.2% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 10 | -23.1% |
2 Bedrooms | 24 | 30 | +25.0% |
3 Bedrooms | 22 | 31 | +40.9% |
4 Bedrooms | 24 | 33 | +37.5% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 60067 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 40.9%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
27 | 28 | +3.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 60067 in February 2024, up by 3.7% month-over-month. Of the 28 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.
Days on Market for 60067, IL
How long does it take to sell a home in 60067, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
30 Days | 19 Days | -34.4% |
Summary: Homes in 60067 had an average of 19 days on market in Feb 2024, down by 34.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 28 homes were sold in 60067; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.