Is 60099, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60099 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 60099 has remained a Seller's Market.

Key Takeaway

60099 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60099, IL

How much do homes in 60099, IL cost?

Median Sold Price

$249,999

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$49,999(+25.0%)

Key Takeaway

Homes in 60099 have sold for 25% more than they did a year ago.

Summary: The median home sold price in 60099 was $249,999 in November 2024, up 25% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$85K
N/A
2 $158K$169.5K
+7.3%
3 $200K$240K
+20.0%
4 $243.9K$290K
+18.9%
5+ $220K$260K
+18.2%

Summary: 60099 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 7.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 18.9%, and 5+ bedroom homes increased by 18.2%.

Median Sold Price Compared To Nearby Zip Codes

60099
+25.0%
60083
+17.9%
60096
+10.7%
60087
+5.8%
53158
+1.5%

Housing Supply in 60099, IL

How many homes are available in 60099, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
102108+5.9%

Summary: The 60099 real estate market had 108 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 811
+37.5%
3 4956
+14.3%
4 3633
-8.3%
5+ 88
0.0%

Summary: The 60099 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2522-12.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60099, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in 60099 in November 2024, down by 12.0% month-over-month. Of the 22 sold homes, 27% were sold under asking, 23% were sold at asking, and 50% were sold over asking.

Days on Market for 60099, IL

How long does it take to sell a home in 60099, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
25 Days22 Days-9.8%

Summary: Homes in 60099 had an average of 22 days on market in Nov 2024, down by 9.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60099 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 22 homes were sold in 60099; 77% of homes were sold within 30 days, 18% 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 22 Days Ago

Newest Listings in 60099, IL

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