Is 60433, 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, 60433 has remained a Seller's Market.
Housing Prices in 60433, IL
How much do homes in 60433, IL cost?
Median Sold Price
$192,500
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60433 was $192,500 in April 2024, up 14.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60.7K | $169.9K | +179.7% |
2 Bedrooms | $157K | $164.9K | +5.0% |
3 Bedrooms | $163K | $210K | +28.8% |
4 Bedrooms | $195K | $209.9K | +7.7% |
5+ Bedrooms | $237.5K | $250K | +5.3% |
Summary: 60433 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 179.7%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 5.3%.
Housing Supply in 60433, IL
How many homes are available in 60433, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 35 | +9.4% |
Summary: The 60433 real estate market had 35 homes for sale in April 2024, a 9.4% 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 | 8 | 8 | 0.0% |
3 Bedrooms | 14 | 16 | +14.3% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 60433 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 decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 60433 in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.
Days on Market for 60433, IL
How long does it take to sell a home in 60433, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 20 Days | -13.8% |
Summary: Homes in 60433 had an average of 20 days on market in Apr 2024, down by 13.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 60433; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.