Is 60415, 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, 60415 has remained a Seller's Market.
Housing Prices in 60415, IL
How much do homes in 60415, IL cost?
Median Sold Price
$186,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60415 was $186,000 in April 2024, up 11% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $89.8K | $105K | +16.9% |
2 Bedrooms | $132.7K | $157K | +18.3% |
3 Bedrooms | $270K | $267.5K | -0.9% |
4 Bedrooms | $272.5K | $275K | +0.9% |
5+ Bedrooms | $449.9K | $460K | +2.2% |
Summary: 60415 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.9%, 2 bedroom homes increased by 18.3%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in 60415, IL
How many homes are available in 60415, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 34 | +6.3% |
Summary: The 60415 real estate market had 34 homes for sale in April 2024, a 6.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 60415 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 9 | -18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 60415 in April 2024, down by 18.2% month-over-month. Of the 9 sold homes, 33% were sold under asking, 22% were sold at asking, and 44% were sold over asking.
Days on Market for 60415, IL
How long does it take to sell a home in 60415, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 10 Days | -60.4% |
Summary: Homes in 60415 had an average of 10 days on market in Apr 2024, down by 60.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 60415; 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.