Is 60610, 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, 60610 has remained a Seller's Market.
Housing Prices in 60610, IL
How much do homes in 60610, IL cost?
Median Sold Price
$399,950
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60610 was $399,950 in April 2024, down 0.8% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $237K | $250K | +5.5% |
2 Bedrooms | $435K | $440K | +1.1% |
3 Bedrooms | $797K | $795K | -0.3% |
4 Bedrooms | $1.0M | $1.2M | +17.6% |
5+ Bedrooms | $2.6M | $2.0M | -22.7% |
Summary: 60610 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 1.1%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes decreased by 22.7%.
Housing Supply in 60610, IL
How many homes are available in 60610, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
378 | 425 | +12.4% |
Summary: The 60610 real estate market had 425 homes for sale in April 2024, a 12.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 90 | 99 | +10.0% |
2 Bedrooms | 130 | 140 | +7.7% |
3 Bedrooms | 99 | 122 | +23.2% |
4 Bedrooms | 35 | 37 | +5.7% |
5+ Bedrooms | 24 | 27 | +12.5% |
Summary: The 60610 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 81 | +9.5% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Summary: A total of 81 homes were sold or pending in 60610 in April 2024, up by 9.5% month-over-month. Of the 81 sold homes, 62% were sold under asking, 15% were sold at asking, and 23% were sold over asking.
Days on Market for 60610, IL
How long does it take to sell a home in 60610, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
46 Days | 46 Days | -1.2% |
Summary: Homes in 60610 had an average of 46 days on market in Apr 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
48 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 81 homes were sold in 60610; 59% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.