Is 60636, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60636 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 60636 has remained a Seller's Market.

Key Takeaway

60636 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60636, IL

How much do homes in 60636, IL cost?

Median Sold Price

$169,916

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$10,583(+6.6%)

Key Takeaway

Homes in 60636 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 60636 was $169,916 in April 2024, up 6.6% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$197.5K
N/A
2 $93.5K$110K
+17.6%
3 $144.5K$147.4K
+2.0%
4 $149K$152.4K
+2.3%
5+ $192.5K$205.5K
+6.8%

Summary: 60636 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 6.8%.

Median Sold Price Compared To Nearby Zip Codes

60620
+8.4%
60636
+6.6%
60609
+6.0%
60629
+3.7%
60621
+2.1%

Housing Supply in 60636, IL

How many homes are available in 60636, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
132156+18.2%

Summary: The 60636 real estate market had 156 homes for sale in April 2024, a 18.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 812
+50.0%
3 3942
+7.7%
4 3742
+13.5%
5+ 4860
+25.0%

Summary: The 60636 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 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2631+19.2%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60636, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 60636 in April 2024, up by 19.2% month-over-month. Of the 31 sold homes, 48% were sold under asking, 19% were sold at asking, and 32% were sold over asking.

Days on Market for 60636, IL

How long does it take to sell a home in 60636, IL?

Average Sale Time

Apr 2023Apr 2024CHANGE
68 Days61 Days-9.3%

Summary: Homes in 60636 had an average of 61 days on market in Apr 2024, down by 9.3% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60636 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 31 homes were sold in 60636; 58% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 60636, IL

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