Is 60564, 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, 60564 has remained a Seller's Market.
Housing Prices in 60564, IL
How much do homes in 60564, IL cost?
Median Sold Price
$652,500
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60564 was $652,500 in April 2024, up 12% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $305.5K | $375K | +22.7% |
3 Bedrooms | $388K | $440K | +13.4% |
4 Bedrooms | $660K | $711K | +7.7% |
5+ Bedrooms | $799.2K | $874.7K | +9.4% |
Summary: 60564 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 22.7%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 9.4%.
Housing Supply in 60564, IL
How many homes are available in 60564, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
118 | 155 | +31.4% |
Summary: The 60564 real estate market had 155 homes for sale in April 2024, a 31.4% 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 | 25 | 23 | -8.0% |
3 Bedrooms | 19 | 25 | +31.6% |
4 Bedrooms | 46 | 75 | +63.0% |
5+ Bedrooms | 28 | 32 | +14.3% |
Summary: The 60564 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 8%, 3 bedroom homes increased by 31.6%, 4 bedroom homes increased by 63%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 43 | +43.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 43 homes were sold or pending in 60564 in April 2024, up by 43.3% month-over-month. Of the 43 sold homes, 21% were sold under asking, 23% were sold at asking, and 56% were sold over asking.
Days on Market for 60564, IL
How long does it take to sell a home in 60564, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 14 Days | -37.7% |
Summary: Homes in 60564 had an average of 14 days on market in Apr 2024, down by 37.7% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 43 homes were sold in 60564; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.