Is 60659, 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, 60659 has remained a Seller's Market.
Housing Prices in 60659, IL
How much do homes in 60659, IL cost?
Median Sold Price
$325,166
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60659 was $325,166 in March 2024, up 18.9% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $122.5K | +7.5% |
2 Bedrooms | $153K | $179K | +17.0% |
3 Bedrooms | $377K | $377.5K | 0.1% |
4 Bedrooms | $549.5K | $532K | -3.2% |
5+ Bedrooms | $580K | $636.2K | +9.7% |
Summary: 60659 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 0.1%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 9.7%.
Housing Supply in 60659, IL
How many homes are available in 60659, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
70 | 71 | +1.4% |
Summary: The 60659 real estate market had 71 homes for sale in March 2024, a 1.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 5 | -28.6% |
2 Bedrooms | 25 | 29 | +16.0% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 11 | 9 | -18.2% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 60659 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 16%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 60659 in March 2024, down by 5.0% month-over-month. Of the 19 sold homes, 58% were sold under asking, 0% were sold at asking, and 42% were sold over asking.
Days on Market for 60659, IL
How long does it take to sell a home in 60659, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 79 Days | +162.9% |
Summary: Homes in 60659 had an average of 79 days on market in Mar 2024, up by 162.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in 60659; 47% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.