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 November 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 November 2023

+$24,000(+8.7%)

Key Takeaway

Homes in 60133 have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in 60133 was $300,000 in November 2024, up 8.7% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K-
N/A
2 $203.7K$230K
+12.9%
3 $270K$300K
+11.1%
4 $341.2K$360.5K
+5.6%
5+ $362.2K$385K
+6.3%

Summary: 60133 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 12.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 6.3%.

Median Sold Price Compared To Nearby Zip Codes

60172
+13.1%
60107
+8.9%
60133
+8.7%
60103
+7.3%
60108
+2.8%

Housing Supply in 60133, IL

How many homes are available in 60133, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7463-14.9%

Summary: The 60133 real estate market had 63 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1412
-14.3%
3 3833
-13.2%
4 2017
-15.0%
5+ 21
-50.0%

Summary: The 60133 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 decreased by 14.3%, 3 bedroom homes decreased by 13.2%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3013-56.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 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. 46.2% of homes here sold above asking price last month.

Summary: A total of 13 homes were sold or pending in 60133 in November 2024, down by 56.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% 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

Nov 2023Nov 2024CHANGE
19 Days24 Days+28.0%

Summary: Homes in 60133 had an average of 24 days on market in Nov 2024, up by 28% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 13 homes were sold in 60133; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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 23 Days Ago

Newest Listings in 60133, IL

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