60609 Home Values & Market Trends

There are 6 homes currently listed for 60609. 60609 real estate market trends show that home prices range from $38,950 to $695,000, and the median sales price in the 60609 zip code is $229,006.93. The total number of properties sold within the past twelve months is 207. In 60609, 40 properties are in foreclosure, 7 are bank owned properties,and 6 are headed for auction.

60609 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 313,250

$ 246/sqft

Housing Market Summary for 60609

Apr 2023March 2024Change
Median Listing Price$234.9K$228.1K-2.89%
Median Sold Price$221.5K$228.1K3.00%
Homes For Sale104-60.00%
Homes Sold157118-24.84%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 60609

The median list price of a home in Chicago, is $229,006.93. A total of 6 properties are for sale, and the percentage of properties for sale in the zip code is 6.00%. The total count of 60609 properties is 6,384.

Foreclosure
There is 1 cities within 60609; within this cities, the median estimated home value for homes in foreclosure ranges from $10,092,979 in chicago to the lowest value of $20,299 in chicago. Foreclosure homes account for 0.00% of properties in 60609 with chicago containing 2958 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.42% of all residential properties in 60609 with chicago containing 2238 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60609; of that cities, the estimated home value for pre-foreclosure homes ranges from $10,092,979 in chicago to the lowest home value of $20,299 in chicago.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 60609 ranges from the highest value of $6,735,107 in chicago to the lowest value of $33,259 in chicago. Bank owned homes and properties account for 0.11% of properties in 60609. There is 1 cities within 60609; chicago containing 260 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 460 auction properties, the highest number of properties going to auction in a single city in the state of 60609. Auction homes and other auction properties account for 0.09% of all properties in 60609. There is 1 cities within 60609; of that cities, the median estimated home value for homes going to auction ranges from $2,670,500 in chicago to the lowest value of $33,090 in chicago.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.09% of residential properties in 60609 with chicago containing 1165 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60609; homes for sale in that cities, have a range of median values from $6,995,000 in chicago to the lowest value of $30,000 in chicago.
    Sold Homes
    The median value for recently sold homes ranges from $25,083,244 in chicago to the lowest price of $19,312 in chicago. There is 1 cities within 60609. chicago has 15919 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.80% of properties in 60609.

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      Guide for 60609

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Home Buying Financing
      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      How To Make Adjustments to Your Household Budget When Interest Rates Are High
      Home Buying Financing|posted 23 April 2024

      Sometime we need to make changes to our budget to cope with higher interest rates. Here are some tips!

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?