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 October 2023

Since last year, 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

$722,500

$208/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,500(-0.3%)

Key Takeaway

The sold price of homes in 60184 has remained the same since last year.

Summary: The median home sold price in 60184 was $722,500 in October 2024, down 0.3% from last year, and the median price per square foot was $208.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K-
N/A
2 -$676K
N/A
3 $740K$615K
-16.9%
4 $737.5K$720K
-2.4%
5+ $885K$792.5K
-10.5%

Summary: 60184 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 did not change, 3 bedroom homes decreased by 16.9%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 10.5%.

Median Sold Price Compared To Nearby Zip Codes

60185
+11.0%
60103
+6.7%
60174
+6.3%
60177
+5.0%
60184
-0.3%

Housing Supply in 60184, IL

How many homes are available in 60184, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
880.0%

Summary: The 60184 real estate market had 8 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 44
0.0%
5+ 11
0.0%

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

Number of Homes Sold

Sep 2024Oct 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 60184 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Oct 2023Oct 2024CHANGE
67 Days105 Days+55.9%

Summary: Homes in 60184 had an average of 105 days on market in Oct 2024, up by 55.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 60184 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 60184; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 60184, IL

Nearby Markets to 60184, IL