Is 60915, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60915 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 60915 has remained a Seller's Market.

Key Takeaway

60915 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$18,000(+11.5%)

Key Takeaway

Homes in 60915 have sold for 11.5% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 -$56.2K
N/A
2 $125K$144.7K
+15.8%
3 $165K$183K
+10.9%
4 $176.2K$210K
+19.1%
5+ $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.

Median Sold Price Compared To Nearby Zip Codes

60901
+14.8%
60915
+11.5%
60914
+8.6%

Housing Supply in 60915, IL

How many homes are available in 60915, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2826-7.1%

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

# BEDSMar 2024Apr 2024CHANGE
1 20
-100.0%
2 58
+60.0%
3 1313
0.0%
4 85
-37.5%
5+ 00
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 2024Apr 2024CHANGE
145-64.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60915, you may be able to get a good deal. 40% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
21 Days42 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60915 are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in 60915, IL

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