Is 60021, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60021 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 60021 has remained a Seller's Market.

Key Takeaway

60021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60021, IL

How much do homes in 60021, IL cost?

Median Sold Price

$381,000

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$86,300(+29.3%)

Key Takeaway

Homes in 60021 have sold for 29.3% more than they did a year ago.

Summary: The median home sold price in 60021 was $381,000 in December 2024, up 29.3% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 -$171.2K
N/A
2 $240.5K$280.5K
+16.6%
3 $281.5K$358.7K
+27.4%
4 $446.5K$450K
+0.8%
5+ $488K$491.2K
+0.7%

Summary: 60021 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 27.4%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 0.7%.

Median Sold Price Compared To Nearby Zip Codes

60021
+29.3%
60013
+8.4%
60010
+7.9%
60102
+4.7%

Housing Supply in 60021, IL

How many homes are available in 60021, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1614-12.5%

Summary: The 60021 real estate market had 14 homes for sale in December 2024, a 12.5% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 10
-100.0%
3 54
-20.0%
4 77
0.0%
5+ 11
0.0%

Summary: The 60021 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
550.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60021, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 60021 in December 2024, the same as the previous month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for 60021, IL

How long does it take to sell a home in 60021, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
27 Days33 Days+22.0%

Summary: Homes in 60021 had an average of 33 days on market in Dec 2024, up by 22% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60021 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 5 homes were sold in 60021; 60% of homes were sold within 30 days, 40% 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 4 Days Ago

Newest Listings in 60021, IL

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