Is 60076, 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, 60076 has remained a Seller's Market.
Housing Prices in 60076, IL
How much do homes in 60076, IL cost?
Median Sold Price
$417,000
$253/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60076 was $417,000 in March 2024, up 5.7% from last year, and the median price per square foot was $253.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | $150K | +25.0% |
2 Bedrooms | $272.7K | $271K | -0.6% |
3 Bedrooms | $382.2K | $421K | +10.1% |
4 Bedrooms | $490K | $525K | +7.1% |
5+ Bedrooms | $585K | $652.5K | +11.5% |
Summary: 60076 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 11.5%.
Housing Supply in 60076, IL
How many homes are available in 60076, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
62 | 74 | +19.4% |
Summary: The 60076 real estate market had 74 homes for sale in March 2024, a 19.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 28 | 33 | +17.9% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The 60076 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 17.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 26 | +73.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 60076 in March 2024, up by 73.3% month-over-month. Of the 26 sold homes, 42% were sold under asking, 23% were sold at asking, and 35% were sold over asking.
Days on Market for 60076, IL
How long does it take to sell a home in 60076, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 20 Days | -34.0% |
Summary: Homes in 60076 had an average of 20 days on market in Mar 2024, down by 34% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 60076; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.