Is 60152, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60152 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 60152 was a Seller's Market.

Key Takeaway

60152 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 60152, IL

How much do homes in 60152, IL cost?

Median Sold Price

$353,965

$175/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$65,565(+22.7%)

Key Takeaway

Homes in 60152 have sold for 22.7% more than they did a year ago.

Summary: The median home sold price in 60152 was $353,965 in October 2024, up 22.7% from last year, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $217.5K$431.5K
+98.4%
2 $197.4K$270K
+36.7%
3 $275K$335K
+21.8%
4 $340K$396.5K
+16.6%
5+ $444K$367K
-17.3%

Summary: 60152 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98.4%, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 21.8%, 4 bedroom homes increased by 16.6%, and 5+ bedroom homes decreased by 17.3%.

Median Sold Price Compared To Nearby Zip Codes

60152
+22.7%
60142
+5.4%
60135
+5.4%

Housing Supply in 60152, IL

How many homes are available in 60152, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
109115+5.5%

Summary: The 60152 real estate market had 115 homes for sale in October 2024, a 5.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1413
-7.1%
3 7276
+5.6%
4 1618
+12.5%
5+ 67
+16.7%

Summary: The 60152 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 decreased by 7.1%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
179-47.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60152, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 60152 in October 2024, down by 47.1% month-over-month. Of the 9 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.

Days on Market for 60152, IL

How long does it take to sell a home in 60152, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days35 Days+33.7%

Summary: Homes in 60152 had an average of 35 days on market in Oct 2024, up by 33.7% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60152 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 60152; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 60152, IL

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