Is 60636, 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, 60636 has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $197.5K | N/A |
2 Bedrooms | $93.5K | $110K | +17.6% |
3 Bedrooms | $144.5K | $147.4K | +2.0% |
4 Bedrooms | $149K | $152.4K | +2.3% |
5+ Bedrooms | $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%.
Housing Supply in 60636, IL
How many homes are available in 60636, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
132 | 156 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 39 | 42 | +7.7% |
4 Bedrooms | 37 | 42 | +13.5% |
5+ Bedrooms | 48 | 60 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 31 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 61 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
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.