Is 60301, 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, 60301 has remained a Seller's Market.
Housing Prices in 60301, IL
How much do homes in 60301, IL cost?
Median Sold Price
$305,000
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60301 was $305,000 in March 2024, up 52.5% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $152K | $161K | +5.9% |
2 Bedrooms | $205K | $302.5K | +47.6% |
3 Bedrooms | $568.7K | $599.9K | +5.5% |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $497K | N/A |
Summary: 60301 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.9%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 5.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
60301 | $200K | $305K | +52.5% |
60302 | $380K | $347.7K | -8.5% |
Housing Supply in 60301, IL
How many homes are available in 60301, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Summary: The 60301 real estate market had 13 homes for sale in March 2024, a 7.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 60301 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 60301 in March 2024, up by 50.0% month-over-month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for 60301, IL
How long does it take to sell a home in 60301, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
29 Days | 18 Days | -39.5% |
Summary: Homes in 60301 had an average of 18 days on market in Mar 2024, down by 39.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in 60301; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.