Is 60565, 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, 60565 has remained a Seller's Market.
Housing Prices in 60565, IL
How much do homes in 60565, IL cost?
Median Sold Price
$546,312
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60565 was $546,312 in April 2024, up 11.4% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $123K | $178K | +44.7% |
2 Bedrooms | $230K | $261K | +13.5% |
3 Bedrooms | $360K | $425K | +18.1% |
4 Bedrooms | $574K | $610.5K | +6.4% |
5+ Bedrooms | $675K | $750K | +11.1% |
Summary: 60565 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.7%, 2 bedroom homes increased by 13.5%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 60565, IL
How many homes are available in 60565, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 120 | +21.2% |
Summary: The 60565 real estate market had 120 homes for sale in April 2024, a 21.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 13 | 19 | +46.2% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 43 | 52 | +20.9% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The 60565 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 46.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 38 | +18.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in 60565 in April 2024, up by 18.8% month-over-month. Of the 38 sold homes, 29% were sold under asking, 8% were sold at asking, and 63% were sold over asking.
Days on Market for 60565, IL
How long does it take to sell a home in 60565, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 10 Days | -66.3% |
Summary: Homes in 60565 had an average of 10 days on market in Apr 2024, down by 66.3% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 38 homes were sold in 60565; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.