Is Crete, IL 60417 a buyer’s or seller’s market?

The Crete housing market right now

In the three months ending August 31, 2026, 38% of homes in Crete, IL 60417 sold above their list price, the typical home went under contract in 72 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 48 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 18%, homes sold more slowly (70 days then) and the median sale price rose 3% to $299,870. Overall, Crete is more competitive than a year ago, so tougher for buyers.

Within Will County, homes here sell more slowly than in 93% of the county’s ZIP codes, and sell more often over asking than in 52%. On our competition score, Crete ranks #375 of 464 IL ZIP codes with enough sales (score 48 out of 100).

Nearby, buyers who want less competition could look at Elwood 60421 (17% sold over asking) or Beecher 60401 (17% sold over asking), while Bolingbrook 60440 (61% sold over asking) and New Lenox 60451 (50% sold over asking) are even more competitive.