Is 60035, 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, 60035 has remained a Seller's Market.
Housing Prices in 60035, IL
How much do homes in 60035, IL cost?
Median Sold Price
$669,125
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60035 was $669,125 in April 2024, up 4.7% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $165K | $209K | +26.7% |
2 Bedrooms | $380K | $407.6K | +7.3% |
3 Bedrooms | $505K | $518K | +2.6% |
4 Bedrooms | $739K | $739.5K | 0.1% |
5+ Bedrooms | $1.0M | $1.1M | +13.4% |
Summary: 60035 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 60035, IL
How many homes are available in 60035, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
120 | 139 | +15.8% |
Summary: The 60035 real estate market had 139 homes for sale in April 2024, a 15.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 39 | 42 | +7.7% |
4 Bedrooms | 43 | 51 | +18.6% |
5+ Bedrooms | 24 | 30 | +25.0% |
Summary: The 60035 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 35 | +25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in 60035 in April 2024, up by 25.0% month-over-month. Of the 35 sold homes, 26% were sold under asking, 9% were sold at asking, and 66% were sold over asking.
Days on Market for 60035, IL
How long does it take to sell a home in 60035, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
36 Days | 29 Days | -18.6% |
Summary: Homes in 60035 had an average of 29 days on market in Apr 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in 60035; 86% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.