Is 60444, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60444 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 60444 was a Neutral Market.

Key Takeaway

60444 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60444, IL

How much do homes in 60444, IL cost?

Median Sold Price

$335,000

$125/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$60,000(-15.2%)

Key Takeaway

Homes in 60444 have sold for 15.2% less than they did a month ago.

Summary: The median home sold price in 60444 was $335,000 in November 2024, down 15.2% from last month, and the median price per square foot was $125.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$150K
N/A
2 --
N/A
3 -$352.5K
N/A
4 $395K-
N/A
5+ --
N/A

Summary: 60444 housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

60407
-6.0%
60444
-15.2%

Housing Supply in 60444, IL

How many homes are available in 60444, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
65-16.7%

Summary: The 60444 real estate market had 5 homes for sale in November 2024, a 16.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 33
0.0%
4 10
-100.0%
5+ 11
0.0%

Summary: The 60444 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 remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

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 60444, 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 60444 in November 2024, up by 200.0% 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 60444, IL

How long does it take to sell a home in 60444, IL?

Average Sale Time

Oct 2024Nov 2024CHANGE
5 Days18 Days+260.0%

Summary: Homes in 60444 had an average of 18 days on market in Nov 2024, up by 260% compared to last month.

Breakdown of Home Sale Times

3 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 60444 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in 60444; 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 21 Days Ago

Newest Listings in 60444, IL

Nearby Markets to 60444, IL