Is 60659, 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, 60659 was a Seller's Market.
Housing Prices in 60659, IL
How much do homes in 60659, IL cost?
Median Sold Price
$337,950
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 60659 was $337,950 in May 2024, up 21.3% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $115K | $120K | +4.3% |
2 Bedrooms | $159K | $190K | +19.5% |
3 Bedrooms | $375K | $400K | +6.7% |
4 Bedrooms | $490K | $536K | +9.4% |
5+ Bedrooms | $624.5K | $640K | +2.5% |
Summary: 60659 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in 60659, IL
How many homes are available in 60659, IL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
73 | 93 | +27.4% |
Summary: The 60659 real estate market had 93 homes for sale in May 2024, a 27.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 34 | 41 | +20.6% |
3 Bedrooms | 15 | 21 | +40.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The 60659 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 15 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in 60659 in May 2024, the same as the previous month. Of the 15 sold homes, 40% were sold under asking, 7% were sold at asking, and 53% were sold over asking.
Days on Market for 60659, IL
How long does it take to sell a home in 60659, IL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
51 Days | 13 Days | -73.4% |
Summary: Homes in 60659 had an average of 13 days on market in May 2024, down by 73.4% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in 60659; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.