Is 60194, 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, 60194 has remained a Seller's Market.
Housing Prices in 60194, IL
How much do homes in 60194, IL cost?
Median Sold Price
$305,833
$217/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60194 was $305,833 in April 2024, up 19.7% from last year, and the median price per square foot was $217.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135.2K | $209.9K | +55.2% |
2 Bedrooms | $226K | $253.2K | +12.0% |
3 Bedrooms | $305K | $368K | +20.7% |
4 Bedrooms | $422K | $430K | +1.9% |
5+ Bedrooms | $445K | $500K | +12.4% |
Summary: 60194 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.2%, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 12.4%.
Housing Supply in 60194, IL
How many homes are available in 60194, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
65 | 63 | -3.1% |
Summary: The 60194 real estate market had 63 homes for sale in April 2024, a 3.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 25 | 26 | +4.0% |
3 Bedrooms | 26 | 20 | -23.1% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The 60194 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 25 | +25.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in 60194 in April 2024, up by 25.0% month-over-month. Of the 25 sold homes, 24% were sold under asking, 24% were sold at asking, and 52% were sold over asking.
Days on Market for 60194, IL
How long does it take to sell a home in 60194, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 13 Days | +16.0% |
Summary: Homes in 60194 had an average of 13 days on market in Apr 2024, up by 16% compared to last year.
Breakdown of Home Sale Times
22 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, 25 homes were sold in 60194; 88% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.