Is 60615, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 60615 was a Seller's Market.
Housing Prices in 60615, IL
How much do homes in 60615, IL cost?
Median Sold Price
$247,187
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60615 was $247,187 in April 2024, down 1.6% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $128K | $125K | -2.3% |
2 Bedrooms | $180.5K | $197.5K | +9.4% |
3 Bedrooms | $295K | $275K | -6.8% |
4 Bedrooms | $535K | $430K | -19.6% |
5+ Bedrooms | $760.7K | $687K | -9.7% |
Summary: 60615 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.3%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 19.6%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 60615, IL
How many homes are available in 60615, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
141 | 169 | +19.9% |
Summary: The 60615 real estate market had 169 homes for sale in April 2024, a 19.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 17 | 19 | +11.8% |
2 Bedrooms | 41 | 50 | +22.0% |
3 Bedrooms | 44 | 57 | +29.5% |
4 Bedrooms | 20 | 23 | +15.0% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The 60615 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 22%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 15%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in 60615 in April 2024, up by 16.7% month-over-month. Of the 28 sold homes, 50% were sold under asking, 18% were sold at asking, and 32% were sold over asking.
Days on Market for 60615, IL
How long does it take to sell a home in 60615, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 48 Days | -20.3% |
Summary: Homes in 60615 had an average of 48 days on market in Apr 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in 60615; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.