Is 60619, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$187,968
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 60619 was $187,968 in April 2024, down 6% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $44K | $60K | +36.4% |
2 Bedrooms | $105K | $110K | +4.8% |
3 Bedrooms | $195.4K | $170.4K | -12.8% |
4 Bedrooms | $218K | $208K | -4.6% |
5+ Bedrooms | $275K | $289K | +5.1% |
Summary: 60619 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes increased by 5.1%.
Housing Supply in 60619, IL
How many homes are available in 60619, IL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
275 | 318 | +15.6% |
Summary: The 60619 real estate market had 318 homes for sale in April 2024, a 15.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 36 | 42 | +16.7% |
3 Bedrooms | 91 | 107 | +17.6% |
4 Bedrooms | 65 | 78 | +20.0% |
5+ Bedrooms | 81 | 89 | +9.9% |
Summary: The 60619 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 16.7%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 9.9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 33 | -23.3% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 60619 in April 2024, down by 23.3% month-over-month. Of the 33 sold homes, 61% were sold under asking, 18% were sold at asking, and 21% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 75 Days | +43.0% |
Summary: Homes in 60619 had an average of 75 days on market in Apr 2024, up by 43% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 60619; 39% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.