Is 60135, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60135 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 60135 was a Seller's Market.

Key Takeaway

60135 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 60135, IL

How much do homes in 60135, IL cost?

Median Sold Price

$252,500

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$17,500(+7.4%)

Key Takeaway

Homes in 60135 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 60135 was $252,500 in April 2024, up 7.4% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $164.5K-
N/A
2 $188K$360.1K
+91.5%
3 $235K$242.5K
+3.2%
4 $310K$266K
-14.2%
5+ $359.7K$245K
-31.9%

Summary: 60135 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 91.5%, 3 bedroom homes increased by 3.2%, 4 bedroom homes decreased by 14.2%, and 5+ bedroom homes decreased by 31.9%.

Median Sold Price Compared To Nearby Zip Codes

60178
+19.8%
60152
+19.8%
60140
+10.9%
60135
+7.4%

Housing Supply in 60135, IL

How many homes are available in 60135, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2123+9.5%

Summary: The 60135 real estate market had 23 homes for sale in April 2024, a 9.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 47
+75.0%
3 1311
-15.4%
4 34
+33.3%
5+ 11
0.0%

Summary: The 60135 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 75%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
61-83.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60135, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 60135 in April 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 60135, IL

How long does it take to sell a home in 60135, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
26 Days14 Days-47.5%

Summary: Homes in 60135 had an average of 14 days on market in Apr 2024, down by 47.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60135 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in 60135; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in 60135, IL

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