Is 60432, 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, 60432 has remained a Seller's Market.
Housing Prices in 60432, IL
How much do homes in 60432, IL cost?
Median Sold Price
$220,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60432 was $220,000 in April 2024, up 13.4% 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 | $112.5K | $62.5K | -44.4% |
2 Bedrooms | $151K | $165K | +9.3% |
3 Bedrooms | $188K | $220.5K | +17.3% |
4 Bedrooms | $237.4K | $355K | +49.5% |
5+ Bedrooms | $209K | $225K | +7.7% |
Summary: 60432 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44.4%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 49.5%, and 5+ bedroom homes increased by 7.7%.
Housing Supply in 60432, IL
How many homes are available in 60432, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 42 | +13.5% |
Summary: The 60432 real estate market had 42 homes for sale in April 2024, a 13.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 21 | 24 | +14.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 60432 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 60432 in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 33% were sold at asking, and 42% were sold over asking.
Days on Market for 60432, IL
How long does it take to sell a home in 60432, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 9 Days | -69.8% |
Summary: Homes in 60432 had an average of 9 days on market in Apr 2024, down by 69.8% compared to last year.
Breakdown of Home Sale Times
12 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, 12 homes were sold in 60432; 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.