Is 60189, 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, 60189 has remained a Seller's Market.
Housing Prices in 60189, IL
How much do homes in 60189, IL cost?
Median Sold Price
$389,000
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60189 was $389,000 in March 2024, up 2.5% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $127K | $175K | +37.8% |
2 Bedrooms | $193.5K | $213.5K | +10.3% |
3 Bedrooms | $340K | $368.5K | +8.4% |
4 Bedrooms | $536.2K | $556K | +3.7% |
5+ Bedrooms | $700K | $790K | +12.9% |
Summary: 60189 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 60189, IL
How many homes are available in 60189, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 79 | +19.7% |
Summary: The 60189 real estate market had 79 homes for sale in March 2024, a 19.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 20 | 24 | +20.0% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 20 | 27 | +35.0% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 60189 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 35%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 24 | +41.2% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 60189 in March 2024, up by 41.2% month-over-month. Of the 24 sold homes, 33% were sold under asking, 13% were sold at asking, and 54% were sold over asking.
Days on Market for 60189, IL
How long does it take to sell a home in 60189, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 26 Days | -28.8% |
Summary: Homes in 60189 had an average of 26 days on market in Mar 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 24 homes were sold in 60189; 92% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.