Is 60139, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60139 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 60139 has remained a Seller's Market.

Key Takeaway

60139 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60139, IL

How much do homes in 60139, IL cost?

Median Sold Price

$270,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,900(+8.4%)

Key Takeaway

Homes in 60139 have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in 60139 was $270,000 in April 2024, up 8.4% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $101.5K$125.5K
+23.6%
2 $165K$185K
+12.1%
3 $275K$299.9K
+9.1%
4 $325K$360K
+10.8%
5+ $290K$315K
+8.6%

Summary: 60139 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.6%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 8.6%.

Median Sold Price Compared To Nearby Zip Codes

60139
+8.4%
60137
+7.4%
60101
+7.2%
60188
+6.8%
60108
+2.7%

Housing Supply in 60139, IL

How many homes are available in 60139, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5665+16.1%

Summary: The 60139 real estate market had 65 homes for sale in April 2024, a 16.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 2728
+3.7%
3 1920
+5.3%
4 1016
+60.0%
5+ 00
0.0%

Summary: The 60139 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1527+80.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60139, you could pay more than the asking price. 70.4% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 60139 in April 2024, up by 80.0% month-over-month. Of the 27 sold homes, 22% were sold under asking, 7% were sold at asking, and 70% were sold over asking.

Days on Market for 60139, IL

How long does it take to sell a home in 60139, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days9 Days-67.4%

Summary: Homes in 60139 had an average of 9 days on market in Apr 2024, down by 67.4% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60139 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 27 homes were sold in 60139; 93% of homes were sold within 30 days, 7% 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 1 Day Ago

Newest Listings in 60139, IL

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