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 4 Days Ago

Newest Listings in 60136, IL

Nearby Markets to 60136, IL