Is 60133, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60133 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 60133 has remained a Seller's Market.

Key Takeaway

60133 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60133, IL

How much do homes in 60133, IL cost?

Median Sold Price

$300,000

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,000(+9.1%)

Key Takeaway

Homes in 60133 have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in 60133 was $300,000 in October 2024, up 9.1% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$150K
N/A
2 $200K$232K
+16.0%
3 $268.5K$300K
+11.7%
4 $341K$356.8K
+4.6%
5+ $358K$375.2K
+4.8%

Summary: 60133 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 16%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 4.8%.

Median Sold Price Compared To Nearby Zip Codes

60172
+11.7%
60107
+11.1%
60133
+9.1%
60103
+6.7%
60108
+3.2%

Housing Supply in 60133, IL

How many homes are available in 60133, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9077-14.4%

Summary: The 60133 real estate market had 77 homes for sale in October 2024, a 14.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1614
-12.5%
3 5240
-23.1%
4 2021
+5.0%
5+ 22
0.0%

Summary: The 60133 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 decreased by 12.5%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3527-22.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60133, you could pay more than the asking price. 40.7% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in 60133 in October 2024, down by 22.9% month-over-month. Of the 27 sold homes, 33% were sold under asking, 26% were sold at asking, and 41% were sold over asking.

Days on Market for 60133, IL

How long does it take to sell a home in 60133, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days13 Days-7.5%

Summary: Homes in 60133 had an average of 13 days on market in Oct 2024, down by 7.5% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60133 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 27 homes were sold in 60133; 85% of homes were sold within 30 days, 15% 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 4 Days Ago

Newest Listings in 60133, IL

Nearby Markets to 60133, IL