Is 60936, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 60936 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 60936 was a Seller's Market.

Key Takeaway

60936 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 60936, IL

How much do homes in 60936, IL cost?

Median Sold Price

$148,600

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,600(+3.2%)

Key Takeaway

Homes in 60936 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 60936 was $148,600 in November 2024, up 3.2% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $92K$137K
+48.9%
3 $164K$185K
+12.8%
4 $229K$127K
-44.5%
5+ $220K$170K
-22.7%

Summary: 60936 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 increased by 48.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes decreased by 44.5%, and 5+ bedroom homes decreased by 22.7%.

Housing Supply in 60936, IL

How many homes are available in 60936, IL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1413-7.1%

Summary: The 60936 real estate market had 13 homes for sale in November 2024, a 7.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 44
0.0%
3 65
-16.7%
4 44
0.0%
5+ 00
0.0%

Summary: The 60936 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 decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
32-33.3%

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 60936, 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 60936 in November 2024, down by 33.3% 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 60936, IL

How long does it take to sell a home in 60936, IL?

Average Sale Time

Nov 2023Nov 2024CHANGE
8 Days12 Days+47.1%

Summary: Homes in 60936 had an average of 12 days on market in Nov 2024, up by 47.1% 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 60936 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in 60936; 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 22 Days Ago

Newest Listings in 60936, IL

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