Is 60083, 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, 60083 has remained a Seller's Market.
Housing Prices in 60083, IL
How much do homes in 60083, IL cost?
Median Sold Price
$322,400
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60083 was $322,400 in April 2024, up 9.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $202.2K | $228.2K | +12.9% |
3 Bedrooms | $270K | $289K | +7.0% |
4 Bedrooms | $348.5K | $450K | +29.1% |
5+ Bedrooms | $627.9K | $502.5K | -20.0% |
Summary: 60083 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 29.1%, and 5+ bedroom homes decreased by 20%.
Housing Supply in 60083, IL
How many homes are available in 60083, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 49 | +36.1% |
Summary: The 60083 real estate market had 49 homes for sale in April 2024, a 36.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 14 | 20 | +42.9% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 60083 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 13 | +116.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 60083 in April 2024, up by 116.7% month-over-month. Of the 13 sold homes, 46% were sold under asking, 38% were sold at asking, and 15% were sold over asking.
Days on Market for 60083, IL
How long does it take to sell a home in 60083, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 22 Days | +98.9% |
Summary: Homes in 60083 had an average of 22 days on market in Apr 2024, up by 98.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 60083; 85% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.