Is 60135, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60135 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 60135 was a Buyer's Market.

Key Takeaway

60135 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 60135, IL

How much do homes in 60135, IL cost?

Median Sold Price

$273,950

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$14,050(+5.4%)

Key Takeaway

Homes in 60135 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 60135 was $273,950 in October 2024, up 5.4% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $164.5K-
N/A
2 $354.7K$257.7K
-27.3%
3 $242.5K$261.2K
+7.7%
4 $317.4K$379.9K
+19.7%
5+ $245K$378K
+54.3%

Summary: 60135 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 decreased by 27.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 54.3%.

Median Sold Price Compared To Nearby Zip Codes

60152
+22.7%
60145
+9.1%
60135
+5.4%
60178
+3.4%
60140
-4.3%

Housing Supply in 60135, IL

How many homes are available in 60135, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4652+13.0%

Summary: The 60135 real estate market had 52 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 78
+14.3%
3 2627
+3.8%
4 1115
+36.4%
5+ 22
0.0%

Summary: The 60135 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 14.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60135, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 60135 in October 2024, down by 46.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.

Days on Market for 60135, IL

How long does it take to sell a home in 60135, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
19 Days21 Days+10.5%

Summary: Homes in 60135 had an average of 21 days on market in Oct 2024, up by 10.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60135 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 60135; 63% of homes were sold within 30 days, 38% 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 60135, IL

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