Is Bucktown, 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, Bucktown has remained a Seller's Market.
Housing Prices in Bucktown, IL
How much do homes in Bucktown, IL cost?
Median Sold Price
$690,000
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Bucktown was $690,000 in April 2024, up 14.2% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $281K | $285.7K | +1.7% |
2 Bedrooms | $459.9K | $505K | +9.8% |
3 Bedrooms | $742K | $815K | +9.8% |
4 Bedrooms | $1.1M | $1.2M | +5.0% |
5+ Bedrooms | $1.4M | $1.2M | -12.3% |
Summary: Bucktown housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.7%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Neighborhoods
Bucktown | $604.1K | $690K | +14.2% |
Logan Square | $525.4K | $582K | +10.8% |
Roscoe Village | $583.7K | $636.3K | +9.0% |
North Side | $546.3K | $580.5K | +6.3% |
Wicker Park | $594K | $617.9K | +4.0% |
Housing Supply in Bucktown, IL
How many homes are available in Bucktown, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
77 | 95 | +23.4% |
Summary: The Bucktown real estate market had 95 homes for sale in April 2024, a 23.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 16 | 24 | +50.0% |
3 Bedrooms | 32 | 37 | +15.6% |
4 Bedrooms | 12 | 18 | +50.0% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Bucktown housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Bucktown in April 2024, the same as the previous month. Of the 27 sold homes, 22% were sold under asking, 22% were sold at asking, and 56% were sold over asking.
Days on Market for Bucktown, IL
How long does it take to sell a home in Bucktown, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 29 Days | -1.4% |
Summary: Homes in Bucktown had an average of 29 days on market in Apr 2024, down by 1.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Bucktown; 78% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.