Is 60466, 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, 60466 has remained a Seller's Market.
Housing Prices in 60466, IL
How much do homes in 60466, IL cost?
Median Sold Price
$140,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60466 was $140,000 in April 2024, down 0.3% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $100.7K | $110K | +9.2% |
3 Bedrooms | $150K | $145.2K | -3.2% |
4 Bedrooms | $174K | $175.5K | +0.9% |
5+ Bedrooms | $211.5K | $175K | -17.3% |
Summary: 60466 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.2%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 17.3%.
Housing Supply in 60466, IL
How many homes are available in 60466, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
146 | 167 | +14.4% |
Summary: The 60466 real estate market had 167 homes for sale in April 2024, a 14.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 31 | 31 | 0.0% |
3 Bedrooms | 83 | 93 | +12.0% |
4 Bedrooms | 30 | 36 | +20.0% |
5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The 60466 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 33 | +65.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 60466 in April 2024, up by 65.0% month-over-month. Of the 33 sold homes, 21% were sold under asking, 33% were sold at asking, and 45% were sold over asking.
Days on Market for 60466, IL
How long does it take to sell a home in 60466, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 58 Days | +32.9% |
Summary: Homes in 60466 had an average of 58 days on market in Apr 2024, up by 32.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 60466; 48% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.