Is 60136, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60136 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 60136 has remained a Seller's Market.

Key Takeaway

60136 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60136, IL

How much do homes in 60136, IL cost?

Median Sold Price

$336,500

$176/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,500(+0.4%)

Key Takeaway

The sold price of homes in 60136 has remained the same since last year.

Summary: The median home sold price in 60136 was $336,500 in October 2024, up 0.4% from last year, and the median price per square foot was $176.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $237.5K$282.5K
+18.9%
3 $306K$336.5K
+10.0%
4 $415K$443.1K
+6.8%
5+ $537.5K$460K
-14.4%

Summary: 60136 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 18.9%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes decreased by 14.4%.

Median Sold Price Compared To Nearby Zip Codes

60118
+11.8%
60124
+9.0%
60142
+5.4%
60136
0.4%

Housing Supply in 60136, IL

How many homes are available in 60136, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2328+21.7%

Summary: The 60136 real estate market had 28 homes for sale in October 2024, a 21.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1111
0.0%
4 69
+50.0%
5+ 01
+100.0%

Summary: The 60136 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
710+42.9%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60136, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 60136 in October 2024, up by 42.9% month-over-month. Of the 10 sold homes, 60% were sold under asking, 10% were sold at asking, and 30% were sold over asking.

Days on Market for 60136, IL

How long does it take to sell a home in 60136, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days46 Days+47.5%

Summary: Homes in 60136 had an average of 46 days on market in Oct 2024, up by 47.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60136 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in 60136; 50% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

Newest Listings in 60136, IL

Nearby Markets to 60136, IL