Is 60096, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60096 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 60096 has remained a Seller's Market.

Key Takeaway

60096 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60096, IL

How much do homes in 60096, IL cost?

Median Sold Price

$272,000

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,510(+4.8%)

Key Takeaway

Homes in 60096 have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in 60096 was $272,000 in April 2024, up 4.8% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $164.9K$182.5K
+10.6%
3 $258.9K$270K
+4.3%
4 $307K$300K
-2.3%
5+ $385K$310K
-19.5%

Summary: 60096 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 10.6%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 19.5%.

Median Sold Price Compared To Nearby Zip Codes

60099
+13.1%
60096
+4.8%
53158
+2.1%

Housing Supply in 60096, IL

How many homes are available in 60096, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2432+33.3%

Summary: The 60096 real estate market had 32 homes for sale in April 2024, a 33.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 1522
+46.7%
4 55
0.0%
5+ 11
0.0%

Summary: The 60096 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 33.3%, 3 bedroom homes increased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60096, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in 60096 in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 14% were sold under asking, 14% were sold at asking, and 71% were sold over asking.

Days on Market for 60096, IL

How long does it take to sell a home in 60096, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days13 Days-53.9%

Summary: Homes in 60096 had an average of 13 days on market in Apr 2024, down by 53.9% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60096 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 7 homes were sold in 60096; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 60096, IL

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