Is 60169, 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, 60169 has remained a Seller's Market.
Housing Prices in 60169, IL
How much do homes in 60169, IL cost?
Median Sold Price
$297,750
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60169 was $297,750 in April 2024, up 16.5% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $111K | $130K | +17.1% |
2 Bedrooms | $175K | $198K | +13.1% |
3 Bedrooms | $305.5K | $332K | +8.7% |
4 Bedrooms | $380K | $400K | +5.3% |
5+ Bedrooms | $432.5K | $410K | -5.2% |
Summary: 60169 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 17.1%, 2 bedroom homes increased by 13.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 5.2%.
Housing Supply in 60169, IL
How many homes are available in 60169, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 108 | +17.4% |
Summary: The 60169 real estate market had 108 homes for sale in April 2024, a 17.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 13 | +8.3% |
2 Bedrooms | 34 | 32 | -5.9% |
3 Bedrooms | 27 | 34 | +25.9% |
4 Bedrooms | 14 | 24 | +71.4% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 60169 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 25.9%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 40 | +53.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in 60169 in April 2024, up by 53.8% month-over-month. Of the 40 sold homes, 23% were sold under asking, 23% were sold at asking, and 55% were sold over asking.
Days on Market for 60169, IL
How long does it take to sell a home in 60169, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 9 Days | -43.1% |
Summary: Homes in 60169 had an average of 9 days on market in Apr 2024, down by 43.1% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in 60169; 93% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.