Is 60126, 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, 60126 has remained a Seller's Market.
Housing Prices in 60126, IL
How much do homes in 60126, IL cost?
Median Sold Price
$514,733
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60126 was $514,733 in March 2024, down 3.9% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $139.9K | $158.5K | +13.3% |
2 Bedrooms | $285K | $302.9K | +6.3% |
3 Bedrooms | $440K | $445K | +1.1% |
4 Bedrooms | $857.1K | $861.7K | 0.5% |
5+ Bedrooms | $1.0M | $1.0M | +6.6% |
Summary: 60126 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in 60126, IL
How many homes are available in 60126, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
114 | 138 | +21.1% |
Summary: The 60126 real estate market had 138 homes for sale in March 2024, a 21.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 41 | 45 | +9.8% |
4 Bedrooms | 52 | 64 | +23.1% |
5+ Bedrooms | 13 | 20 | +53.8% |
Summary: The 60126 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 53.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 60126 in March 2024, up by 20.8% month-over-month. Of the 29 sold homes, 62% were sold under asking, 17% were sold at asking, and 21% were sold over asking.
Days on Market for 60126, IL
How long does it take to sell a home in 60126, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
38 Days | 29 Days | -23.7% |
Summary: Homes in 60126 had an average of 29 days on market in Mar 2024, down by 23.7% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 29 homes were sold in 60126; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.