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 November 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

$197,900

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,900(+7.0%)

Key Takeaway

Homes in 60469 have sold for 7% more than they did a year ago.

Summary: The median home sold price in 60469 was $197,900 in November 2024, up 7% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $185K$78.7K
-57.4%
3 $175K$193.9K
+10.8%
4 $210K$255K
+21.4%
5+ $275K$232.5K
-15.5%

Summary: 60469 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 57.4%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 15.5%.

Median Sold Price Compared To Nearby Zip Codes

60406
+13.2%
60426
+12.5%
60469
+7.0%

Housing Supply in 60469, IL

How many homes are available in 60469, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1112+9.1%

Summary: The 60469 real estate market had 12 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 45
+25.0%
4 33
0.0%
5+ 00
0.0%

Summary: The 60469 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 increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
05+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60469, you could pay more than the asking price. 80% of homes here sold above asking price last month.

Summary: A total of 5 homes were sold or pending in 60469 in November 2024, up by 100.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 0% were sold at asking, and 80% 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

Nov 2023Nov 2024CHANGE
17 Days9 Days-44.0%

Summary: Homes in 60469 had an average of 9 days on market in Nov 2024, down by 44% compared to last year.

Breakdown of Home Sale Times

5 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 November 2024, 5 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 4 Days Ago

Newest Listings in 60469, IL

Nearby Markets to 60469, IL