Is 60034, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60034 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 60034 has remained a Seller's Market.

Key Takeaway

60034 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60034, IL

How much do homes in 60034, IL cost?

Median Sold Price

$265,000

$141/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$15,000(+6.0%)

Key Takeaway

Homes in 60034 have sold for 6% more than they did a month ago.

Summary: The median home sold price in 60034 was $265,000 in October 2024, up 6% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $250K$432.2K
+72.9%
4 --
N/A
5+ -$227.5K
N/A

Summary: 60034 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 72.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 60034, IL

How many homes are available in 60034, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The 60034 real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 74
-42.9%
4 01
+100.0%
5+ 22
0.0%

Summary: The 60034 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
330.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60034, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 60034 in October 2024, the same as the previous month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 60034, IL

How long does it take to sell a home in 60034, IL?

Average Sale Time

Sep 2024Oct 2024CHANGE
27 Days43 Days+61.7%

Summary: Homes in 60034 had an average of 43 days on market in Oct 2024, up by 61.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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

Avg time on Rocket Homes in 60034 has remained consistent over time.

Summary: During October 2024, 3 homes were sold in 60034; 33% of homes were sold within 30 days, 67% 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 60034, IL

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