Is 60043, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60043 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 60043 has remained a Seller's Market.

Key Takeaway

60043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60043, IL

How much do homes in 60043, IL cost?

Median Sold Price

$1,862,500

$427/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$87,500(+4.9%)

Key Takeaway

Homes in 60043 have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in 60043 was $1,862,500 in December 2024, up 4.9% from last year, and the median price per square foot was $427.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 -$490K
N/A
3 $848.2K$1.0M
+17.9%
4 $1.3M$1.6M
+25.5%
5+ $2.4M$2.5M
+1.3%

Summary: 60043 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 did not change, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 25.5%, and 5+ bedroom homes increased by 1.3%.

Median Sold Price Compared To Nearby Zip Codes

60093
+9.8%
60091
+7.1%
60043
+4.9%

Housing Supply in 60043, IL

How many homes are available in 60043, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
10100.0%

Summary: The 60043 real estate market had 10 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 77
0.0%

Summary: The 60043 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60043, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 60043 in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for 60043, IL

How long does it take to sell a home in 60043, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
17 Days12 Days-31.4%

Summary: Homes in 60043 had an average of 12 days on market in Dec 2024, down by 31.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60043 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 60043; 100% of homes were sold within 30 days, 0% 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 8 Days Ago

Newest Listings in 60043, IL

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