Is 60445, 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, 60445 has remained a Seller's Market.
Housing Prices in 60445, IL
How much do homes in 60445, IL cost?
Median Sold Price
$190,333
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60445 was $190,333 in April 2024, up 6.9% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70.5K | $80K | +13.5% |
2 Bedrooms | $141.9K | $153K | +7.8% |
3 Bedrooms | $234K | $243K | +3.8% |
4 Bedrooms | $260K | $280K | +7.7% |
5+ Bedrooms | $305K | $249.9K | -18.1% |
Summary: 60445 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 18.1%.
Housing Supply in 60445, IL
How many homes are available in 60445, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 76 | -13.6% |
Summary: The 60445 real estate market had 76 homes for sale in April 2024, a 13.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 27 | 24 | -11.1% |
3 Bedrooms | 39 | 34 | -12.8% |
4 Bedrooms | 11 | 6 | -45.5% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 60445 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 decreased by 11.1%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 45.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
36 | 33 | -8.3% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 60445 in April 2024, down by 8.3% month-over-month. Of the 33 sold homes, 39% were sold under asking, 12% were sold at asking, and 48% were sold over asking.
Days on Market for 60445, IL
How long does it take to sell a home in 60445, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 24 Days | -31.8% |
Summary: Homes in 60445 had an average of 24 days on market in Apr 2024, down by 31.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 60445; 76% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.