Is 60915, 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, 60915 has remained a Seller's Market.
Housing Prices in 60915, IL
How much do homes in 60915, IL cost?
Median Sold Price
$175,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60915 was $175,000 in April 2024, up 11.5% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $56.2K | N/A |
2 Bedrooms | $125K | $144.7K | +15.8% |
3 Bedrooms | $165K | $183K | +10.9% |
4 Bedrooms | $176.2K | $210K | +19.1% |
5+ Bedrooms | $132K | - | N/A |
Summary: 60915 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes did not change.
Housing Supply in 60915, IL
How many homes are available in 60915, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 26 | -7.1% |
Summary: The 60915 real estate market had 26 homes for sale in April 2024, a 7.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 0 | -100.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 8 | 5 | -37.5% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 60915 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 37.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 5 | -64.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 60915 in April 2024, down by 64.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for 60915, IL
How long does it take to sell a home in 60915, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
21 Days | 42 Days | +95.4% |
Summary: Homes in 60915 had an average of 42 days on market in Apr 2024, up by 95.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 60915; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.