Is 60184, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60184 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 60184 has remained a Seller's Market.

Key Takeaway

60184 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60184, IL

How much do homes in 60184, IL cost?

Median Sold Price

$1,089,000

$196/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$456,500(+72.2%)

Key Takeaway

Homes in 60184 have sold for 72.2% more than they did a month ago.

Summary: The median home sold price in 60184 was $1,089,000 in December 2024, up 72.2% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $875K-
N/A
4 $625.5K$998.3K
+59.6%
5+ $620K$1.0M
+75.6%

Summary: 60184 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 59.6%, and 5+ bedroom homes increased by 75.6%.

Housing Supply in 60184, IL

How many homes are available in 60184, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
129-25.0%

Summary: The 60184 real estate market had 9 homes for sale in December 2024, a 25.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 43
-25.0%
4 43
-25.0%
5+ 43
-25.0%

Summary: The 60184 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 remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60184, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 60184 in December 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for 60184, IL

How long does it take to sell a home in 60184, IL?

Average Sale Time

Nov 2024Dec 2024CHANGE
16 Days28 Days+67.2%

Summary: Homes in 60184 had an average of 28 days on market in Dec 2024, up by 67.2% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60184 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 3 homes were sold in 60184; 67% of homes were sold within 30 days, 33% 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 6 Days Ago

Newest Listings in 60184, IL

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