Is 60652, 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, 60652 has remained a Seller's Market.
Housing Prices in 60652, IL
How much do homes in 60652, IL cost?
Median Sold Price
$259,600
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60652 was $259,600 in April 2024, up 5% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $36K | $39.5K | +9.7% |
2 Bedrooms | $180K | $220.5K | +22.5% |
3 Bedrooms | $255K | $269.9K | +5.8% |
4 Bedrooms | $263K | $274.9K | +4.6% |
5+ Bedrooms | $335K | $305.5K | -8.8% |
Summary: 60652 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 22.5%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 8.8%.
Housing Supply in 60652, IL
How many homes are available in 60652, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
103 | 107 | +3.9% |
Summary: The 60652 real estate market had 107 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 57 | 61 | +7.0% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 60652 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 22 | -18.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 60652 in April 2024, down by 18.5% month-over-month. Of the 22 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for 60652, IL
How long does it take to sell a home in 60652, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 38 Days | +4.9% |
Summary: Homes in 60652 had an average of 38 days on market in Apr 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 60652; 68% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.