Is 60660, 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, 60660 has remained a Seller's Market.
Housing Prices in 60660, IL
How much do homes in 60660, IL cost?
Median Sold Price
$280,000
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60660 was $280,000 in March 2024, up 8.1% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | $152.9K | +9.3% |
2 Bedrooms | $270K | $285K | +5.6% |
3 Bedrooms | $425K | $447.4K | +5.3% |
4 Bedrooms | $745K | $742.5K | -0.3% |
5+ Bedrooms | $750K | $700K | -6.7% |
Summary: 60660 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.3%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 6.7%.
Housing Supply in 60660, IL
How many homes are available in 60660, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 150 | +22.0% |
Summary: The 60660 real estate market had 150 homes for sale in March 2024, a 22.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 26 | 36 | +38.5% |
2 Bedrooms | 52 | 63 | +21.2% |
3 Bedrooms | 23 | 29 | +26.1% |
4 Bedrooms | 5 | 5 | 0.0% |
5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The 60660 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 21.2%, 3 bedroom homes increased by 26.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 36 | +89.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in 60660 in March 2024, up by 89.5% month-over-month. Of the 36 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.
Days on Market for 60660, IL
How long does it take to sell a home in 60660, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 34 Days | -50.3% |
Summary: Homes in 60660 had an average of 34 days on market in Mar 2024, down by 50.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 36 homes were sold in 60660; 64% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.