Is 60469, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60469 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 60469 has remained a Seller's Market.

Key Takeaway

60469 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 60469, IL

How much do homes in 60469, IL cost?

Median Sold Price

$200,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$20,000(+11.1%)

Key Takeaway

Homes in 60469 have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in 60469 was $200,000 in December 2024, up 11.1% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $185K$97.5K
-47.3%
3 $175K$197.9K
+13.1%
4 $210K$255K
+21.4%
5+ $275K$285K
+3.6%

Summary: 60469 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 47.3%, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 3.6%.

Median Sold Price Compared To Nearby Zip Codes

60426
+23.5%
60406
+13.5%
60469
+11.1%

Housing Supply in 60469, IL

How many homes are available in 60469, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
117-36.4%

Summary: The 60469 real estate market had 7 homes for sale in December 2024, a 36.4% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 53
-40.0%
4 22
0.0%
5+ 00
0.0%

Summary: The 60469 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 decreased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
52-60.0%

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 60469, 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 60469 in December 2024, down by 60.0% 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 60469, IL

How long does it take to sell a home in 60469, IL?

Average Sale Time

Dec 2023Dec 2024CHANGE
113 Days8 Days-92.5%

Summary: Homes in 60469 had an average of 8 days on market in Dec 2024, down by 92.5% compared to last year.

Breakdown of Home Sale Times

2 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 60469 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in 60469; 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 8 Days Ago

Newest Listings in 60469, IL

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