Is 60154, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 60154 has remained a Seller's Market.
Housing Prices in 60154, IL
How much do homes in 60154, IL cost?
Median Sold Price
$330,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60154 was $330,000 in April 2024, up 5.9% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $280K | $299.4K | +6.9% |
3 Bedrooms | $330K | $339.5K | +2.9% |
4 Bedrooms | $382.5K | $379.9K | -0.7% |
5+ Bedrooms | $429.2K | $380K | -11.5% |
Summary: 60154 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 6.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes decreased by 11.5%.
Housing Supply in 60154, IL
How many homes are available in 60154, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
64 | 71 | +10.9% |
Summary: The 60154 real estate market had 71 homes for sale in April 2024, a 10.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 26 | 30 | +15.4% |
3 Bedrooms | 28 | 31 | +10.7% |
4 Bedrooms | 7 | 4 | -42.9% |
5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 60154 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 15.4%, 3 bedroom homes increased by 10.7%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 22 | +22.2% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 60154 in April 2024, up by 22.2% month-over-month. Of the 22 sold homes, 27% were sold under asking, 27% were sold at asking, and 45% were sold over asking.
Days on Market for 60154, IL
How long does it take to sell a home in 60154, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
34 Days | 28 Days | -16.2% |
Summary: Homes in 60154 had an average of 28 days on market in Apr 2024, down by 16.2% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 60154; 77% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.