Is 60184, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60184 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 60184 was a Buyer's Market.

Key Takeaway

60184 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60184, IL

How much do homes in 60184, IL cost?

Median Sold Price

$628,750

$232/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$846,250(-57.4%)

Key Takeaway

Homes in 60184 have sold for 57.4% less than they did a month ago.

Summary: The median home sold price in 60184 was $628,750 in April 2024, down 57.4% from last month, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 -$628.7K
N/A
4 $1.4M-
N/A
5+ --
N/A

Summary: 60184 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 60184, IL

How many homes are available in 60184, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1114+27.3%

Summary: The 60184 real estate market had 14 homes for sale in April 2024, a 27.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 44
0.0%
4 34
+33.3%
5+ 46
+50.0%

Summary: The 60184 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60184, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 60184 in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 60184, IL

How long does it take to sell a home in 60184, IL?

Average Sale Time

Mar 2024Apr 2024CHANGE
144 Days10 Days-93.1%

Summary: Homes in 60184 had an average of 10 days on market in Apr 2024, down by 93.1% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60184 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 60184; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

Newest Listings in 60184, IL

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