Is 60619, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 60619 was a Seller's Market.
Housing Prices in 60619, IL
How much do homes in 60619, IL cost?
Median Sold Price
$190,600
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 60619 was $190,600 in May 2024, down 5.4% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $44K | $57.5K | +30.7% |
2 Bedrooms | $105K | $112K | +6.7% |
3 Bedrooms | $200K | $179.1K | -10.4% |
4 Bedrooms | $220K | $205.5K | -6.6% |
5+ Bedrooms | $282.5K | $293K | +3.7% |
Summary: 60619 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.7%, 2 bedroom homes increased by 6.7%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes increased by 3.7%.
Housing Supply in 60619, IL
How many homes are available in 60619, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
291 | 328 | +12.7% |
Summary: The 60619 real estate market had 328 homes for sale in May 2024, a 12.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 38 | 42 | +10.5% |
3 Bedrooms | 101 | 119 | +17.8% |
4 Bedrooms | 70 | 77 | +10.0% |
5+ Bedrooms | 80 | 87 | +8.8% |
Summary: The 60619 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 41 | +5.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 41 homes were sold or pending in 60619 in May 2024, up by 5.1% month-over-month. Of the 41 sold homes, 29% were sold under asking, 27% were sold at asking, and 44% were sold over asking.
Days on Market for 60619, IL
How long does it take to sell a home in 60619, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 38 Days | -23.8% |
Summary: Homes in 60619 had an average of 38 days on market in May 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 41 homes were sold in 60619; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.