Is 60091, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60091 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 60091 has remained a Seller's Market.

Key Takeaway

60091 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60091, IL

How much do homes in 60091, IL cost?

Median Sold Price

$903,500

$370/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$60,000(+7.1%)

Key Takeaway

Homes in 60091 have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in 60091 was $903,500 in December 2024, up 7.1% from last year, and the median price per square foot was $370.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $210K$238.5K
+13.6%
2 $434.5K$388.8K
-10.5%
3 $583.2K$644.5K
+10.5%
4 $999.5K$1.2M
+21.2%
5+ $1.7M$1.7M
+1.9%

Summary: 60091 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes increased by 1.9%.

Median Sold Price Compared To Nearby Zip Codes

60025
+12.0%
60093
+9.8%
60091
+7.1%
60043
+4.9%
60201
+1.1%

Housing Supply in 60091, IL

How many homes are available in 60091, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8261-25.6%

Summary: The 60091 real estate market had 61 homes for sale in December 2024, a 25.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 21
-50.0%
2 149
-35.7%
3 2825
-10.7%
4 2014
-30.0%
5+ 1812
-33.3%

Summary: The 60091 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2421-12.5%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60091, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in 60091 in December 2024, down by 12.5% month-over-month. Of the 21 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for 60091, IL

How long does it take to sell a home in 60091, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
24 Days26 Days+8.8%

Summary: Homes in 60091 had an average of 26 days on market in Dec 2024, up by 8.8% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60091 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 21 homes were sold in 60091; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 5% 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 2 Days Ago

Newest Listings in 60091, IL

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