Is 60099, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60099 is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, 60099 has remained a Seller's Market.

Key Takeaway

60099 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$25,000(+13.2%)

Key Takeaway

Homes in 60099 have sold for 13.2% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 $84.7K$54K
-36.2%
2 $139.9K$161.5K
+15.4%
3 $189.7K$220.5K
+16.2%
4 $225K$255K
+13.3%
5+ $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%.

Median Sold Price Compared To Nearby Zip Codes

60099
+13.2%
60096
+4.8%
60087
+4.7%
53158
+2.6%
60083
+1.7%

Housing Supply in 60099, IL

How many homes are available in 60099, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
7872-7.7%

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

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 1412
-14.3%
3 3632
-11.1%
4 1618
+12.5%
5+ 108
-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 2024Mar 2024CHANGE
2227+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60099, you could pay more than the asking price. 63% of homes here sold above asking price last month.

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 2023Mar 2024CHANGE
59 Days26 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60099 are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 18 Days Ago

Newest Listings in 60099, IL

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