Is 60804, 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, 60804 has remained a Seller's Market.
Housing Prices in 60804, IL
How much do homes in 60804, IL cost?
Median Sold Price
$265,666
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60804 was $265,666 in March 2024, up 2.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $50K | N/A |
2 Bedrooms | $210K | $221.7K | +5.6% |
3 Bedrooms | $246K | $260K | +5.7% |
4 Bedrooms | $270K | $293.7K | +8.8% |
5+ Bedrooms | $309K | $322.5K | +4.4% |
Summary: 60804 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in 60804, IL
How many homes are available in 60804, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
99 | 119 | +20.2% |
Summary: The 60804 real estate market had 119 homes for sale in March 2024, a 20.2% 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 | 14 | 16 | +14.3% |
3 Bedrooms | 31 | 38 | +22.6% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 32 | 37 | +15.6% |
Summary: The 60804 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 14.3%, 3 bedroom homes increased by 22.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 15.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 22 | +83.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 60804 in March 2024, up by 83.3% month-over-month. Of the 22 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.
Days on Market for 60804, IL
How long does it take to sell a home in 60804, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 47 Days | +5.1% |
Summary: Homes in 60804 had an average of 47 days on market in Mar 2024, up by 5.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in 60804; 59% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.