Is 60069, 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, 60069 has remained a Seller's Market.
Housing Prices in 60069, IL
How much do homes in 60069, IL cost?
Median Sold Price
$599,000
$231/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Summary: The median home sold price in 60069 was $599,000 in March 2024, the same as last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $382.5K | $362K | -5.4% |
3 Bedrooms | $485.8K | $548.5K | +12.9% |
4 Bedrooms | $675K | $722.5K | +7.0% |
5+ Bedrooms | $838.5K | $782.5K | -6.7% |
Summary: 60069 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.4%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in 60069, IL
How many homes are available in 60069, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 47 | +23.7% |
Summary: The 60069 real estate market had 47 homes for sale in March 2024, a 23.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 14 | 13 | -7.1% |
4 Bedrooms | 9 | 13 | +44.4% |
5+ Bedrooms | 7 | 10 | +42.9% |
Summary: The 60069 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 increased by 37.5%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 42.9%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 11 | +57.1% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in 60069 in March 2024, up by 57.1% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.
Days on Market for 60069, IL
How long does it take to sell a home in 60069, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 28 Days | +92.1% |
Summary: Homes in 60069 had an average of 28 days on market in Mar 2024, up by 92.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in 60069; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.