Is 60645, 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, 60645 has remained a Seller's Market.
Housing Prices in 60645, IL
How much do homes in 60645, IL cost?
Median Sold Price
$230,833
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60645 was $230,833 in April 2024, up 2% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $132.5K | +13.2% |
2 Bedrooms | $172.9K | $182.8K | +5.8% |
3 Bedrooms | $302K | $357.5K | +18.4% |
4 Bedrooms | $480K | $535K | +11.5% |
5+ Bedrooms | $615K | $657.5K | +6.9% |
Summary: 60645 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 18.4%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 6.9%.
Housing Supply in 60645, IL
How many homes are available in 60645, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
88 | 106 | +20.5% |
Summary: The 60645 real estate market had 106 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 14 | 16 | +14.3% |
2 Bedrooms | 31 | 37 | +19.4% |
3 Bedrooms | 29 | 39 | +34.5% |
4 Bedrooms | 6 | 9 | +50.0% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The 60645 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 34.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in 60645 in April 2024, up by 3.8% month-over-month. Of the 27 sold homes, 48% were sold under asking, 15% were sold at asking, and 37% were sold over asking.
Days on Market for 60645, IL
How long does it take to sell a home in 60645, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 23 Days | -8.0% |
Summary: Homes in 60645 had an average of 23 days on market in Apr 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in 60645; 67% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.