Housing Prices in 60550, IL

How much do homes in 60550, IL cost?

Median List Price

$242,500

$141/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$82,500(+51.6%)

Key Takeaway

The list price of homes in 60550 has increased by 51.6% since last year.

Summary: The median home list price in 60550 was $242,500 in October 2024, up 51.6% from the previous year, and the median price per square foot was $141.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $85K-
N/A
2 $121.7K$200.5K
+64.7%
3 $235K$240K
+2.1%
4 -$224.5K
N/A
5+ $195K$249K
+27.7%

Summary: 60550 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 64.7%, 3 bedroom homes increased by 2.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 27.7%.

Median List Price Compared To Nearby Zip Codes

60550
+51.6%
60556
+12.3%
60150
0.1%
60518
-2.6%

Housing Supply in 60550, IL

How many homes are available in 60550, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
550.0%

Summary: The 60550 real estate market had 5 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 31
-66.7%
4 01
+100.0%
5+ 01
+100.0%

Summary: The 60550 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 remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Days on Market for 60550, IL

How long does it take to sell a home in 60550, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
46 Days56 Days+21.3%

Summary: Homes in 60550 had an average listing age of 56 days in Oct 2024, up by 21.3% compared to the previous year.

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 60550, IL

Nearby Markets to 60550, IL