Is 60156, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 60156 has remained a Seller's Market.
Housing Prices in 60156, IL
How much do homes in 60156, IL cost?
Median Sold Price
$311,666
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60156 was $311,666 in March 2024, up 1.9% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $101K | $124.9K | +23.8% |
2 Bedrooms | $199.9K | $230K | +15.1% |
3 Bedrooms | $301.5K | $310K | +2.8% |
4 Bedrooms | $380K | $401K | +5.5% |
5+ Bedrooms | $434.4K | $447.5K | +3.0% |
Summary: 60156 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.8%, 2 bedroom homes increased by 15.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 3%.
Housing Supply in 60156, IL
How many homes are available in 60156, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
65 | 64 | -1.5% |
Summary: The 60156 real estate market had 64 homes for sale in March 2024, a 1.5% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 7 | -30.0% |
3 Bedrooms | 39 | 36 | -7.7% |
4 Bedrooms | 13 | 19 | +46.2% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 60156 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 46.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 20 | -28.6% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 60156 in March 2024, down by 28.6% month-over-month. Of the 20 sold homes, 35% were sold under asking, 15% were sold at asking, and 50% were sold over asking.
Days on Market for 60156, IL
How long does it take to sell a home in 60156, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 25 Days | +2.1% |
Summary: Homes in 60156 had an average of 25 days on market in Mar 2024, up by 2.1% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 60156; 80% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.