Is 60192, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60192 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 60192 has remained a Seller's Market.

Key Takeaway

60192 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60192, IL

How much do homes in 60192, IL cost?

Median Sold Price

$467,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$42,000(+9.9%)

Key Takeaway

Homes in 60192 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 60192 was $467,000 in November 2024, up 9.9% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $225K$247K
+9.8%
2 $322.5K$360K
+11.6%
3 $360K$415K
+15.3%
4 $487.7K$525.5K
+7.7%
5+ $580K$635K
+9.5%

Summary: 60192 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.8%, 2 bedroom homes increased by 11.6%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 9.5%.

Median Sold Price Compared To Nearby Zip Codes

60195
+13.6%
60120
+13.4%
60192
+9.9%
60107
+8.9%

Housing Supply in 60192, IL

How many homes are available in 60192, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4339-9.3%

Summary: The 60192 real estate market had 39 homes for sale in November 2024, a 9.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 88
0.0%
3 1513
-13.3%
4 1916
-15.8%
5+ 12
+100.0%

Summary: The 60192 housing inventory by bedroom type for November 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 13.3%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60192, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 60192 in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 18% were sold at asking, and 36% were sold over asking.

Days on Market for 60192, IL

How long does it take to sell a home in 60192, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days25 Days+98.0%

Summary: Homes in 60192 had an average of 25 days on market in Nov 2024, up by 98% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60192 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 11 homes were sold in 60192; 73% of homes were sold within 30 days, 27% 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 60192, IL

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