Is 60013, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60013 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 60013 has remained a Seller's Market.

Key Takeaway

60013 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60013, IL

How much do homes in 60013, IL cost?

Median Sold Price

$345,000

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,735(+8.1%)

Key Takeaway

Homes in 60013 have sold for 8.1% more than they did a year ago.

Summary: The median home sold price in 60013 was $345,000 in November 2024, up 8.1% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $165K$195K
+18.2%
2 $236.7K$267.4K
+13.0%
3 $302.4K$330K
+9.1%
4 $420K$431K
+2.6%
5+ $445.4K$560K
+25.7%

Summary: 60013 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 13%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 25.7%.

Median Sold Price Compared To Nearby Zip Codes

60021
+27.6%
60013
+8.1%
60014
+8.1%
60010
+7.7%
60102
+4.9%

Housing Supply in 60013, IL

How many homes are available in 60013, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
9091+1.1%

Summary: The 60013 real estate market had 91 homes for sale in November 2024, a 1.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1616
0.0%
3 4345
+4.7%
4 2021
+5.0%
5+ 98
-11.1%

Summary: The 60013 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3018-40.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60013, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 60013 in November 2024, down by 40.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.

Days on Market for 60013, IL

How long does it take to sell a home in 60013, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days21 Days-4.2%

Summary: Homes in 60013 had an average of 21 days on market in Nov 2024, down by 4.2% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60013 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 18 homes were sold in 60013; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in 60013, IL

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