Is 60134, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, 60134 was a Seller's Market.
Housing Prices in 60134, IL
How much do homes in 60134, IL cost?
Median Sold Price
$445,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 60134 was $445,000 in February 2024, up 3.5% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $241.2K | $266.2K | +10.4% |
2 Bedrooms | $285K | $314.9K | +10.5% |
3 Bedrooms | $377K | $400K | +6.1% |
4 Bedrooms | $499.5K | $516.4K | +3.4% |
5+ Bedrooms | $582.5K | $620K | +6.4% |
Summary: 60134 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 6.4%.
Housing Supply in 60134, IL
How many homes are available in 60134, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
57 | 79 | +38.6% |
Summary: The 60134 real estate market had 79 homes for sale in February 2024, a 38.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 13 | +44.4% |
3 Bedrooms | 24 | 33 | +37.5% |
4 Bedrooms | 18 | 23 | +27.8% |
5+ Bedrooms | 6 | 10 | +66.7% |
Summary: The 60134 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 27.8%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 60134 in February 2024, down by 7.7% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for 60134, IL
How long does it take to sell a home in 60134, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
31 Days | 17 Days | -44.6% |
Summary: Homes in 60134 had an average of 17 days on market in Feb 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 12 homes were sold in 60134; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.