Is Thornton, IL 60476 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Thornton is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market68Listing to accepted offer
Median price per sq ft$175▲ +21.0% vs. last year

The Thornton housing market right now

In the three months ending August 31, 2026, 14% of homes in Thornton, IL 60476 sold above their list price, the typical home went under contract in 68 days and there were 5.5 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. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold faster (74 days then) and the median sale price rose 13% to $203,912. Overall, Thornton is about as competitive as it was a year ago.

Within Cook County, homes here sell more slowly than in 82% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Golf 60029 (100% sold over asking) and Berkeley 60163 (75% sold over asking) are even more competitive.

Nearby markets

Alsip 60803Seller’s market $202 /sq ftArlington Heights 60004Seller’s market $280 /sq ftArlington Heights 60005Seller’s market $261 /sq ftBarrington 60010Seller’s market $255 /sq ft Browse all markets →

Where Thornton is

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Questions about Thornton real estate

Is Thornton a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Thornton, IL 60476 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Thornton?

The typical home went under contract in 68 days in the latest three months.

Do homes in Thornton sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.

What are property taxes in Thornton?

About 1.91% of a home’s value a year in Cook County, or roughly $7,640 on a $400,000 home.

What is the median home price in Thornton?

The median sale price was $203,912 in the three months ending August 31, 2026, about $175 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology