Is 60153, 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, 60153 was a Neutral Market.
Housing Prices in 60153, IL
How much do homes in 60153, IL cost?
Median Sold Price
$235,000
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 60153 was $235,000 in February 2024, down 4.9% from last year, and the median price per square foot was $149.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $45K | - | N/A |
2 Bedrooms | $175K | $149.5K | -14.6% |
3 Bedrooms | $249.4K | $218K | -12.6% |
4 Bedrooms | $269K | $275.5K | +2.4% |
5+ Bedrooms | $295K | $295.5K | 0.2% |
Summary: 60153 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.6%, 3 bedroom homes decreased by 12.6%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 0.2%.
Housing Supply in 60153, IL
How many homes are available in 60153, IL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
91 | 102 | +12.1% |
Summary: The 60153 real estate market had 102 homes for sale in February 2024, a 12.1% 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 | 15 | 18 | +20.0% |
3 Bedrooms | 36 | 37 | +2.8% |
4 Bedrooms | 29 | 32 | +10.3% |
5+ Bedrooms | 11 | 15 | +36.4% |
Summary: The 60153 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 20%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 36.4%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
12 | 7 | -41.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 60153 in February 2024, down by 41.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 0% were sold at asking, and 57% were sold over asking.
Days on Market for 60153, IL
How long does it take to sell a home in 60153, IL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
52 Days | 31 Days | -39.9% |
Summary: Homes in 60153 had an average of 31 days on market in Feb 2024, down by 39.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 7 homes were sold in 60153; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.