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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60096 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 60096 has remained a Seller's Market.

Key Takeaway

60096 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60096, IL

How much do homes in 60096, IL cost?

Median Sold Price

$285,945

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,445(+8.5%)

Key Takeaway

Homes in 60096 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 60096 was $285,945 in October 2024, up 8.5% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $168.9K$248.9K
+47.4%
3 $255K$289.9K
+13.7%
4 $302.5K$340K
+12.4%
5+ $320K$350K
+9.4%

Summary: 60096 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47.4%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Zip Codes

60099
+22.5%
60096
+8.5%
53158
0.0%

Housing Supply in 60096, IL

How many homes are available in 60096, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2326+13.0%

Summary: The 60096 real estate market had 26 homes for sale in October 2024, a 13.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1619
+18.8%
4 53
-40.0%
5+ 01
+100.0%

Summary: The 60096 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 increased by 50%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60096, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 60096 in October 2024, down by 33.3% month-over-month. Of the 6 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
15 Days40 Days+165.6%

Summary: Homes in 60096 had an average of 40 days on market in Oct 2024, up by 165.6% compared to last year.

Breakdown of Home Sale Times

3 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 October 2024, 6 homes were sold in 60096; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 60096, IL

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