Is 60619, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60619 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 60619 was a Seller's Market.

Key Takeaway

60619 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 60619, IL

How much do homes in 60619, IL cost?

Median Sold Price

$214,333

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$19,392(+9.9%)

Key Takeaway

Homes in 60619 have sold for 9.9% more than they did a year ago.

Summary: The median home sold price in 60619 was $214,333 in November 2024, up 9.9% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $57.5K$48K
-16.5%
2 $99.9K$145K
+45.1%
3 $187.5K$200.5K
+6.9%
4 $213K$225K
+5.6%
5+ $285K$304K
+6.7%

Summary: 60619 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.5%, 2 bedroom homes increased by 45.1%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Zip Codes

60649
+26.9%
60619
+9.9%
60620
+6.4%
60637
+6.0%
60617
+5.8%

Housing Supply in 60619, IL

How many homes are available in 60619, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
297347+16.8%

Summary: The 60619 real estate market had 347 homes for sale in November 2024, a 16.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 4045
+12.5%
3 117137
+17.1%
4 6676
+15.2%
5+ 7387
+19.2%

Summary: The 60619 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 15.2%, and 5+ bedroom homes increased by 19.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2943+48.3%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 60619, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 60619 in November 2024, up by 48.3% month-over-month. Of the 43 sold homes, 49% were sold under asking, 21% were sold at asking, and 30% were sold over asking.

Days on Market for 60619, IL

How long does it take to sell a home in 60619, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
50 Days56 Days+12.7%

Summary: Homes in 60619 had an average of 56 days on market in Nov 2024, up by 12.7% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 60619 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 43 homes were sold in 60619; 51% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 21% 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 60619, IL

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