Is 60436, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 60436 has remained a Seller's Market.
Housing Prices in 60436, IL
How much do homes in 60436, IL cost?
Median Sold Price
$198,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60436 was $198,000 in March 2024, up 10% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132K | $131K | -0.8% |
2 Bedrooms | $155K | $184K | +18.7% |
3 Bedrooms | $197.4K | $200K | +1.3% |
4 Bedrooms | $208.1K | $237.5K | +14.1% |
5+ Bedrooms | $260K | $235K | -9.6% |
Summary: 60436 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.8%, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes decreased by 9.6%.
Housing Supply in 60436, IL
How many homes are available in 60436, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
47 | 52 | +10.6% |
Summary: The 60436 real estate market had 52 homes for sale in March 2024, a 10.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 23 | +9.5% |
3 Bedrooms | 17 | 21 | +23.5% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 60436 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 60436 in March 2024, down by 6.3% month-over-month. Of the 15 sold homes, 27% were sold under asking, 20% were sold at asking, and 53% were sold over asking.
Days on Market for 60436, IL
How long does it take to sell a home in 60436, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 23 Days | -32.4% |
Summary: Homes in 60436 had an average of 23 days on market in Mar 2024, down by 32.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 15 homes were sold in 60436; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.