Is 60139, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60139 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 60139 has remained a Seller's Market.

Key Takeaway

60139 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60139, IL

How much do homes in 60139, IL cost?

Median Sold Price

$292,000

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$38,624(+15.2%)

Key Takeaway

Homes in 60139 have sold for 15.2% more than they did a year ago.

Summary: The median home sold price in 60139 was $292,000 in December 2024, up 15.2% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $122K$131K
+7.4%
2 $186K$197.5K
+6.2%
3 $293.2K$315K
+7.4%
4 $360K$390K
+8.3%
5+ $305K$329.9K
+8.2%

Summary: 60139 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 8.2%.

Median Sold Price Compared To Nearby Zip Codes

60139
+15.2%
60188
+13.7%
60137
+9.8%
60101
+4.3%
60108
+1.4%

Housing Supply in 60139, IL

How many homes are available in 60139, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8574-12.9%

Summary: The 60139 real estate market had 74 homes for sale in December 2024, a 12.9% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 33
0.0%
2 3025
-16.7%
3 4038
-5.0%
4 118
-27.3%
5+ 10
-100.0%

Summary: The 60139 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2631+19.2%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60139, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in 60139 in December 2024, up by 19.2% month-over-month. Of the 31 sold homes, 42% were sold under asking, 16% were sold at asking, and 42% were sold over asking.

Days on Market for 60139, IL

How long does it take to sell a home in 60139, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
13 Days19 Days+36.9%

Summary: Homes in 60139 had an average of 19 days on market in Dec 2024, up by 36.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60139 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 31 homes were sold in 60139; 77% of homes were sold within 30 days, 23% 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 2 Days Ago

Newest Listings in 60139, IL

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