The 60503 housing market is very competitive. Homes in 60503 receive 10 offers on average and sell in around 43 days. The median sale price of a home in 60503 was $353K last month, down 1.9% since last year. The median sale price per square foot in 60503 is $194, up 7.2% since last year.
In May 2024, 60503 home prices were down 1.9% compared to last year, selling for a median price of $353K. On average, homes in 60503 sell after 43 days on the market compared to 39 days last year. There were 52 homes sold in May this year, down from 60 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$352,500
-1.9% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
60503, IL
$352,500
-1.9%
United States
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How hot is the 60503 housing market?
60503 is very competitive. Homes sell in 43 days.
0
100
79
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 3% above list price and go pending in around 43 days.
Hot homes
can sell for about 6% above list price and go pending in around 35 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on 60503 housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in 60503.
Risk Factor
Flood Factor - Minor
7% of properties are at risk of severe flooding over the next 30 years
Flood Factor
60503 has a minor risk of flooding. 108 properties in 60503 are likely to be
severely affected
by flooding over the next 30 years. This represents 7% of all properties in 60503. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
60503 has a minor risk of wildfire. There are 1 properties in 60503 that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in 60503.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
60503 has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. 60503 is most at risk from hurricanes. 4,486 properties in 60503 have some risk of being in a severe wind event within the next 30 years.