Is 60164, 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, 60164 has remained a Seller's Market.
Housing Prices in 60164, IL
How much do homes in 60164, IL cost?
Median Sold Price
$289,900
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60164 was $289,900 in April 2024, up 9.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $105.7K | +17.5% |
2 Bedrooms | $237.5K | $230K | -3.2% |
3 Bedrooms | $267K | $295K | +10.5% |
4 Bedrooms | $300K | $313.5K | +4.5% |
5+ Bedrooms | $309.9K | $354K | +14.2% |
Summary: 60164 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.5%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 14.2%.
Housing Supply in 60164, IL
How many homes are available in 60164, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 36 | +24.1% |
Summary: The 60164 real estate market had 36 homes for sale in April 2024, a 24.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 5 | +150.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 18 | 18 | 0.0% |
4 Bedrooms | 3 | 5 | +66.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 60164 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 150%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 60164 in April 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for 60164, IL
How long does it take to sell a home in 60164, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
37 Days | 41 Days | +10.3% |
Summary: Homes in 60164 had an average of 41 days on market in Apr 2024, up by 10.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 60164; 29% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.