Is 60639, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 60639 has remained a Seller's Market.
Housing Prices in 60639, IL
How much do homes in 60639, IL cost?
Median Sold Price
$340,000
$210/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60639 was $340,000 in March 2024, up 1.5% from last year, and the median price per square foot was $210.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $120K | -42.9% |
2 Bedrooms | $200K | $266.3K | +33.2% |
3 Bedrooms | $300K | $318K | +6.0% |
4 Bedrooms | $325K | $357.5K | +10.0% |
5+ Bedrooms | $399.9K | $429K | +7.3% |
Summary: 60639 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 33.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 7.3%.
Housing Supply in 60639, IL
How many homes are available in 60639, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
83 | 110 | +32.5% |
Summary: The 60639 real estate market had 110 homes for sale in March 2024, a 32.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 11 | +37.5% |
3 Bedrooms | 25 | 29 | +16.0% |
4 Bedrooms | 23 | 31 | +34.8% |
5+ Bedrooms | 27 | 39 | +44.4% |
Summary: The 60639 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 16%, 4 bedroom homes increased by 34.8%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 60639 in March 2024, up by 17.6% month-over-month. Of the 20 sold homes, 55% were sold under asking, 10% were sold at asking, and 35% were sold over asking.
Days on Market for 60639, IL
How long does it take to sell a home in 60639, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
47 Days | 42 Days | -8.8% |
Summary: Homes in 60639 had an average of 42 days on market in Mar 2024, down by 8.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 60639; 55% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.