Is 60630, 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, 60630 has remained a Seller's Market.
Housing Prices in 60630, IL
How much do homes in 60630, IL cost?
Median Sold Price
$395,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60630 was $395,000 in April 2024, up 2.9% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $145K | +3.6% |
2 Bedrooms | $258.5K | $285K | +10.3% |
3 Bedrooms | $390K | $405K | +3.8% |
4 Bedrooms | $429.2K | $468.5K | +9.1% |
5+ Bedrooms | $520K | $557.5K | +7.2% |
Summary: 60630 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 7.2%.
Housing Supply in 60630, IL
How many homes are available in 60630, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 138 | +13.1% |
Summary: The 60630 real estate market had 138 homes for sale in April 2024, a 13.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 21 | 24 | +14.3% |
3 Bedrooms | 46 | 52 | +13.0% |
4 Bedrooms | 27 | 34 | +25.9% |
5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The 60630 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 25.9%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 37 | +8.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in 60630 in April 2024, up by 8.8% month-over-month. Of the 37 sold homes, 35% were sold under asking, 8% were sold at asking, and 57% were sold over asking.
Days on Market for 60630, IL
How long does it take to sell a home in 60630, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 17 Days | -48.9% |
Summary: Homes in 60630 had an average of 17 days on market in Apr 2024, down by 48.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 37 homes were sold in 60630; 86% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.