Is 60133, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60133 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 60133 has remained a Seller's Market.

Key Takeaway

60133 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60133, IL

How much do homes in 60133, IL cost?

Median Sold Price

$280,000

$200/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$5,000(+1.8%)

Key Takeaway

Homes in 60133 have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in 60133 was $280,000 in April 2024, up 1.8% from last year, and the median price per square foot was $200.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $151K$150K
-0.7%
2 $191K$217K
+13.6%
3 $265K$276K
+4.2%
4 $325K$347.5K
+6.9%
5+ $351.2K$375K
+6.8%

Summary: 60133 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Zip Codes

60107
+13.5%
60172
+8.6%
60103
+6.4%
60108
+2.7%
60133
+1.8%

Housing Supply in 60133, IL

How many homes are available in 60133, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5978+32.2%

Summary: The 60133 real estate market had 78 homes for sale in April 2024, a 32.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1117
+54.5%
3 3643
+19.4%
4 1013
+30.0%
5+ 25
+150.0%

Summary: The 60133 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 54.5%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 150%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60133, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 20 homes were sold or pending in 60133 in April 2024, down by 9.1% month-over-month. Of the 20 sold homes, 40% were sold under asking, 0% were sold at asking, and 60% were sold over asking.

Days on Market for 60133, IL

How long does it take to sell a home in 60133, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days17 Days-38.7%

Summary: Homes in 60133 had an average of 17 days on market in Apr 2024, down by 38.7% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60133 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 20 homes were sold in 60133; 85% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 5% 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 4 Days Ago

Newest Listings in 60133, IL

Nearby Markets to 60133, IL