Is 60424, 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, 60424 has remained a Seller's Market.
Housing Prices in 60424, IL
How much do homes in 60424, IL cost?
Median Sold Price
$205,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60424 was $205,000 in April 2024, up 9.3% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $20K | N/A |
2 Bedrooms | $130K | $135K | +3.8% |
3 Bedrooms | $198.7K | $212.5K | +6.9% |
4 Bedrooms | $192K | $213.7K | +11.3% |
5+ Bedrooms | - | - | N/A |
Summary: 60424 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 3.8%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
60407 | $183K | $207K | +13.1% |
60424 | $187.5K | $205K | +9.3% |
Housing Supply in 60424, IL
How many homes are available in 60424, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 8 | +60.0% |
Summary: The 60424 real estate market had 8 homes for sale in April 2024, a 60.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 1 | 3 | +200.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 60424 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 increased by 200%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 60424 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for 60424, IL
How long does it take to sell a home in 60424, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 18 Days | +157.1% |
Summary: Homes in 60424 had an average of 18 days on market in Apr 2024, up by 157.1% 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 60424; 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.