Is 60526, 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, 60526 has remained a Seller's Market.
Housing Prices in 60526, IL
How much do homes in 60526, IL cost?
Median Sold Price
$419,900
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60526 was $419,900 in April 2024, down 1.8% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $110K | $357.5K | +225.0% |
2 Bedrooms | $280K | $307.5K | +9.8% |
3 Bedrooms | $410K | $398K | -2.9% |
4 Bedrooms | $623.9K | $701K | +12.3% |
5+ Bedrooms | $639.9K | $857.5K | +34.0% |
Summary: 60526 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 225%, 2 bedroom homes increased by 9.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 34%.
Housing Supply in 60526, IL
How many homes are available in 60526, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 33 | -5.7% |
Summary: The 60526 real estate market had 33 homes for sale in April 2024, a 5.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 19 | 19 | 0.0% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 60526 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 60526 in April 2024, up by 40.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for 60526, IL
How long does it take to sell a home in 60526, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
20 Days | 4 Days | -76.5% |
Summary: Homes in 60526 had an average of 4 days on market in Apr 2024, down by 76.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in 60526; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.