Is 60099, 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, 60099 has remained a Seller's Market.
Housing Prices in 60099, IL
How much do homes in 60099, IL cost?
Median Sold Price
$215,000
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60099 was $215,000 in March 2024, up 13.2% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.7K | $54K | -36.2% |
2 Bedrooms | $139.9K | $161.5K | +15.4% |
3 Bedrooms | $189.7K | $220.5K | +16.2% |
4 Bedrooms | $225K | $255K | +13.3% |
5+ Bedrooms | $230.5K | $245K | +6.3% |
Summary: 60099 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.2%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 60099, IL
How many homes are available in 60099, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
78 | 72 | -7.7% |
Summary: The 60099 real estate market had 72 homes for sale in March 2024, a 7.7% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 12 | -14.3% |
3 Bedrooms | 36 | 32 | -11.1% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 60099 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 14.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 27 | +22.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 60099 in March 2024, up by 22.7% month-over-month. Of the 27 sold homes, 19% were sold under asking, 19% were sold at asking, and 63% were sold over asking.
Days on Market for 60099, IL
How long does it take to sell a home in 60099, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 26 Days | -55.4% |
Summary: Homes in 60099 had an average of 26 days on market in Mar 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 60099; 70% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.