Is 60619, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 60619 was a Seller's Market.
Housing Prices in 60619, IL
How much do homes in 60619, IL cost?
Median Sold Price
$189,500
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60619 was $189,500 in March 2024, down 5.1% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $38K | $60K | +57.9% |
2 Bedrooms | $110K | $99.9K | -9.1% |
3 Bedrooms | $195K | $176.5K | -9.5% |
4 Bedrooms | $221K | $200K | -9.5% |
5+ Bedrooms | $273.5K | $290K | +6.0% |
Summary: 60619 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.9%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 6%.
Housing Supply in 60619, IL
How many homes are available in 60619, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
270 | 317 | +17.4% |
Summary: The 60619 real estate market had 317 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 39 | 43 | +10.3% |
3 Bedrooms | 87 | 108 | +24.1% |
4 Bedrooms | 72 | 81 | +12.5% |
5+ Bedrooms | 69 | 83 | +20.3% |
Summary: The 60619 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 20.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
37 | 39 | +5.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 60619 in March 2024, up by 5.4% month-over-month. Of the 39 sold homes, 54% were sold under asking, 23% were sold at asking, and 23% were sold over asking.
Days on Market for 60619, IL
How long does it take to sell a home in 60619, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 70 Days | +22.7% |
Summary: Homes in 60619 had an average of 70 days on market in Mar 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 39 homes were sold in 60619; 49% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.