Is 60552, 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, 60552 has remained a Seller's Market.
Housing Prices in 60552, IL
How much do homes in 60552, IL cost?
Median Sold Price
$272,500
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60552 was $272,500 in April 2024, up 15% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $119.9K | $200K | +66.8% |
2 Bedrooms | $193.9K | $210K | +8.3% |
3 Bedrooms | $252K | $290K | +15.1% |
4 Bedrooms | $255K | $290K | +13.7% |
5+ Bedrooms | $272.5K | $615K | +125.7% |
Summary: 60552 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes increased by 125.7%.
Median Sold Price Compared To Nearby Zip Codes
60556 | $195.5K | $230K | +17.6% |
60520 | $269K | $315K | +17.1% |
60552 | $237K | $272.5K | +15.0% |
60548 | $260K | $289K | +11.2% |
Housing Supply in 60552, IL
How many homes are available in 60552, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 25 | +31.6% |
Summary: The 60552 real estate market had 25 homes for sale in April 2024, a 31.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 10 | 11 | +10.0% |
4 Bedrooms | 7 | 11 | +57.1% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 60552 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 increased by 100%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in 60552 in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for 60552, IL
How long does it take to sell a home in 60552, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 55 Days | +41.9% |
Summary: Homes in 60552 had an average of 55 days on market in Apr 2024, up by 41.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in 60552; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.