Is 60190, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60190 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 60190 has remained a Seller's Market.

Key Takeaway

60190 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60190, IL

How much do homes in 60190, IL cost?

Median Sold Price

$421,000

$215/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$32,000(+8.2%)

Key Takeaway

Homes in 60190 have sold for 8.2% more than they did a year ago.

Summary: The median home sold price in 60190 was $421,000 in October 2024, up 8.2% from last year, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $207K$210K
+1.4%
2 $250K$288.5K
+15.4%
3 $377K$405K
+7.4%
4 $555.5K$541K
-2.6%
5+ $582.2K$807.5K
+38.7%

Summary: 60190 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 7.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 38.7%.

Median Sold Price Compared To Nearby Zip Codes

60188
+11.9%
60185
+11.0%
60187
+9.4%
60189
+9.1%
60190
+8.2%

Housing Supply in 60190, IL

How many homes are available in 60190, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4236-14.3%

Summary: The 60190 real estate market had 36 homes for sale in October 2024, a 14.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1612
-25.0%
3 77
0.0%
4 1615
-6.3%
5+ 32
-33.3%

Summary: The 60190 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 25%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1914-26.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60190, you could pay more than the asking price. 78.6% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in 60190 in October 2024, down by 26.3% month-over-month. Of the 14 sold homes, 14% were sold under asking, 7% were sold at asking, and 79% were sold over asking.

Days on Market for 60190, IL

How long does it take to sell a home in 60190, IL?

Average Sale Time

Oct 2023Oct 2024CHANGE
18 Days12 Days-29.8%

Summary: Homes in 60190 had an average of 12 days on market in Oct 2024, down by 29.8% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60190 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 14 homes were sold in 60190; 100% of homes were sold within 30 days, 0% 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 4 Days Ago

Newest Listings in 60190, IL

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