Is 60964, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, 60964 was a Buyer's Market.
Housing Prices in 60964, IL
How much do homes in 60964, IL cost?
Median Sold Price
$182,750
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 60964 was $182,750 in March 2024, down 1.2% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $115K | $145K | +26.1% |
3 Bedrooms | $184.9K | $189.9K | +2.7% |
4 Bedrooms | $226K | $186.2K | -17.6% |
5+ Bedrooms | $159.5K | $389K | +143.9% |
Summary: 60964 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 26.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 143.9%.
Median Sold Price Compared To Nearby Zip Codes
60901 | $134.2K | $155K | +15.4% |
60964 | $184.9K | $182.7K | -1.2% |
Housing Supply in 60964, IL
How many homes are available in 60964, IL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The 60964 real estate market had 19 homes for sale in March 2024, a 11.8% 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 | 3 | 3 | 0.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 4 | 3 | -25.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 60964 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 remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 60964 in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 60964, IL
How long does it take to sell a home in 60964, IL?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
211 Days | 30 Days | -85.6% |
Summary: Homes in 60964 had an average of 30 days on market in Mar 2024, down by 85.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in 60964; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.