Is 60010, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60010 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 60010 has remained a Seller's Market.

Key Takeaway

60010 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60010, IL

How much do homes in 60010, IL cost?

Median Sold Price

$633,392

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$40,837(+6.9%)

Key Takeaway

Homes in 60010 have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in 60010 was $633,392 in October 2024, up 6.9% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $278K$207.5K
-25.4%
2 $278.6K$307K
+10.2%
3 $459K$478K
+4.1%
4 $670K$722.5K
+7.8%
5+ $990K$1.0M
+4.0%

Summary: 60010 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.4%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 4%.

Median Sold Price Compared To Nearby Zip Codes

60021
+27.5%
60192
+10.0%
60013
+7.5%
60010
+6.9%

Housing Supply in 60010, IL

How many homes are available in 60010, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
246269+9.3%

Summary: The 60010 real estate market had 269 homes for sale in October 2024, a 9.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 2935
+20.7%
3 5360
+13.2%
4 9290
-2.2%
5+ 7182
+15.5%

Summary: The 60010 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 13.2%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 15.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5253+1.9%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60010, you may be able to get a good deal. 64.2% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 60010 in October 2024, up by 1.9% month-over-month. Of the 53 sold homes, 64% were sold under asking, 6% were sold at asking, and 30% were sold over asking.

Days on Market for 60010, IL

How long does it take to sell a home in 60010, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
24 Days33 Days+36.9%

Summary: Homes in 60010 had an average of 33 days on market in Oct 2024, up by 36.9% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60010 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 53 homes were sold in 60010; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 60010, IL

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