Is 60420, 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, 60420 has remained a Seller's Market.
Housing Prices in 60420, IL
How much do homes in 60420, IL cost?
Median Sold Price
$149,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60420 was $149,000 in April 2024, down 12.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $150K | N/A |
2 Bedrooms | $102.7K | $130K | +26.5% |
3 Bedrooms | $179.4K | $164.5K | -8.3% |
4 Bedrooms | $223.7K | $150K | -33.0% |
5+ Bedrooms | $170.6K | $117.5K | -31.1% |
Summary: 60420 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.5%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 33%, and 5+ bedroom homes decreased by 31.1%.
Median Sold Price Compared To Nearby Zip Codes
60424 | $187.5K | $205K | +9.3% |
60420 | $170.9K | $149K | -12.8% |
60460 | $152K | $129K | -15.1% |
Housing Supply in 60420, IL
How many homes are available in 60420, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Summary: The 60420 real estate market had 11 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 1 | -50.0% |
3 Bedrooms | 6 | 8 | +33.3% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 60420 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 decreased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 60420 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 60420, IL
How long does it take to sell a home in 60420, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 20 Days | -61.1% |
Summary: Homes in 60420 had an average of 20 days on market in Apr 2024, down by 61.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 60420; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.