Is 60443, 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, 60443 has remained a Seller's Market.
Housing Prices in 60443, IL
How much do homes in 60443, IL cost?
Median Sold Price
$230,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60443 was $230,000 in March 2024, down 4.1% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $148K | N/A |
2 Bedrooms | $195K | $161.2K | -17.3% |
3 Bedrooms | $225K | $225K | 0.0% |
4 Bedrooms | $285.5K | $276.4K | -3.2% |
5+ Bedrooms | $387.5K | $410K | +5.8% |
Summary: 60443 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17.3%, 3 bedroom homes did not change, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 5.8%.
Housing Supply in 60443, IL
How many homes are available in 60443, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 84 | +3.7% |
Summary: The 60443 real estate market had 84 homes for sale in March 2024, a 3.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 37 | 42 | +13.5% |
4 Bedrooms | 29 | 26 | -10.3% |
5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 60443 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 40%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 27 | +92.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 60443 in March 2024, up by 92.9% month-over-month. Of the 27 sold homes, 37% were sold under asking, 26% were sold at asking, and 37% were sold over asking.
Days on Market for 60443, IL
How long does it take to sell a home in 60443, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
62 Days | 33 Days | -45.9% |
Summary: Homes in 60443 had an average of 33 days on market in Mar 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 27 homes were sold in 60443; 63% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.