Is 60137, 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, 60137 has remained a Seller's Market.
Housing Prices in 60137, IL
How much do homes in 60137, IL cost?
Median Sold Price
$462,750
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60137 was $462,750 in April 2024, up 7.4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $151K | $155.5K | +3.0% |
2 Bedrooms | $211.7K | $265K | +25.1% |
3 Bedrooms | $410K | $411.7K | 0.4% |
4 Bedrooms | $594.7K | $656K | +10.3% |
5+ Bedrooms | $834.5K | $945.4K | +13.3% |
Summary: 60137 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 25.1%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 13.3%.
Housing Supply in 60137, IL
How many homes are available in 60137, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
106 | 126 | +18.9% |
Summary: The 60137 real estate market had 126 homes for sale in April 2024, a 18.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 34 | 49 | +44.1% |
4 Bedrooms | 38 | 44 | +15.8% |
5+ Bedrooms | 14 | 13 | -7.1% |
Summary: The 60137 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 44.1%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes decreased by 7.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 44 | +18.9% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
27 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in 60137 in April 2024, up by 18.9% month-over-month. Of the 44 sold homes, 27% were sold under asking, 11% were sold at asking, and 61% were sold over asking.
Days on Market for 60137, IL
How long does it take to sell a home in 60137, IL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 14 Days | -38.7% |
Summary: Homes in 60137 had an average of 14 days on market in Apr 2024, down by 38.7% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 44 homes were sold in 60137; 84% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.