Is Gold Coast, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Gold Coast was a Seller's Market.
Housing Prices in Gold Coast, IL
How much do homes in Gold Coast, IL cost?
Median Sold Price
$362,333
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gold Coast was $362,333 in April 2024, down 0.8% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217K | $230K | +6.0% |
2 Bedrooms | $397.5K | $395K | -0.6% |
3 Bedrooms | $815K | $725K | -11.0% |
4 Bedrooms | $1.4M | $1.2M | -13.2% |
5+ Bedrooms | $3.4M | $2.2M | -35.5% |
Summary: Gold Coast housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes decreased by 11%, 4 bedroom homes decreased by 13.2%, and 5+ bedroom homes decreased by 35.5%.
Median Sold Price Compared To Nearby Neighborhoods
Lincoln Park | $635.6K | $706.6K | +11.2% |
Old Town | $631.6K | $667.6K | +5.7% |
Streeterville | $455.5K | $464.3K | +1.9% |
Gold Coast | $365.1K | $362.3K | -0.8% |
Near North Side | $436.5K | $420.3K | -3.7% |
Housing Supply in Gold Coast, IL
How many homes are available in Gold Coast, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
286 | 319 | +11.5% |
Summary: The Gold Coast real estate market had 319 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 69 | 78 | +13.0% |
2 Bedrooms | 85 | 95 | +11.8% |
3 Bedrooms | 82 | 94 | +14.6% |
4 Bedrooms | 28 | 28 | 0.0% |
5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The Gold Coast housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 13%, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 14.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
58 | 52 | -10.3% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in Gold Coast in April 2024, down by 10.3% month-over-month. Of the 52 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Gold Coast, IL
How long does it take to sell a home in Gold Coast, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 45 Days | -13.2% |
Summary: Homes in Gold Coast had an average of 45 days on market in Apr 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 52 homes were sold in Gold Coast; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.