Is 60096, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60096 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 60096 was a Seller's Market.

Key Takeaway

60096 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 60096, IL

How much do homes in 60096, IL cost?

Median Sold Price

$292,495

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,295(+10.7%)

Key Takeaway

Homes in 60096 have sold for 10.7% more than they did a year ago.

Summary: The median home sold price in 60096 was $292,495 in November 2024, up 10.7% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $173K$243.2K
+40.6%
3 $255K$289.9K
+13.7%
4 $286K$349.9K
+22.3%
5+ $310K$364.9K
+17.7%

Summary: 60096 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 40.6%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 22.3%, and 5+ bedroom homes increased by 17.7%.

Median Sold Price Compared To Nearby Zip Codes

60099
+25.0%
60096
+10.7%
53158
+1.5%

Housing Supply in 60096, IL

How many homes are available in 60096, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2734+25.9%

Summary: The 60096 real estate market had 34 homes for sale in November 2024, a 25.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 14
+300.0%
3 2126
+23.8%
4 43
-25.0%
5+ 11
0.0%

Summary: The 60096 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 300%, 3 bedroom homes increased by 23.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60096, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 60096 in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 20% were sold at asking, and 60% were sold over asking.

Days on Market for 60096, IL

How long does it take to sell a home in 60096, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
22 Days49 Days+119.2%

Summary: Homes in 60096 had an average of 49 days on market in Nov 2024, up by 119.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60096 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in 60096; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 60096, IL

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