Is 60093, 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, 60093 has remained a Seller's Market.
Housing Prices in 60093, IL
How much do homes in 60093, IL cost?
Median Sold Price
$1,297,500
$360/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60093 was $1,297,500 in March 2024, up 5.7% from last year, and the median price per square foot was $360.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $163.7K | $250K | +52.7% |
2 Bedrooms | $368.7K | $450K | +22.0% |
3 Bedrooms | $720K | $750K | +4.2% |
4 Bedrooms | $1.2M | $1.5M | +22.4% |
5+ Bedrooms | $2.1M | $2.1M | +2.4% |
Summary: 60093 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 52.7%, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 60093, IL
How many homes are available in 60093, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 85 | +4.9% |
Summary: The 60093 real estate market had 85 homes for sale in March 2024, a 4.9% 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 | 9 | 5 | -44.4% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 18 | 24 | +33.3% |
5+ Bedrooms | 36 | 38 | +5.6% |
Summary: The 60093 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 decreased by 44.4%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 5.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
18 | 21 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in 60093 in March 2024, up by 16.7% month-over-month. Of the 21 sold homes, 24% were sold under asking, 10% were sold at asking, and 67% were sold over asking.
Days on Market for 60093, IL
How long does it take to sell a home in 60093, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
40 Days | 9 Days | -75.7% |
Summary: Homes in 60093 had an average of 9 days on market in Mar 2024, down by 75.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 21 homes were sold in 60093; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.