60609 Home Values & Market Trends

There are 5 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 $229,080.5. The total number of properties sold within the past twelve months is 207. In 60609, 38 properties are in foreclosure, 6 are bank owned properties,and 7 are headed for auction.

60609 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 305,901

$ 244/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 $229,080.5. A total of 5 properties are for sale, and the percentage of properties for sale in the zip code is 5.00%. 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 2987 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.39% of all residential properties in 60609 with chicago containing 2245 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 0.09% of properties in 60609. There is 1 cities within 60609; chicago containing 278 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 464 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 0.11% 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 0.08% of residential properties in 60609 with chicago containing 1069 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 15729 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.79% 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
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      Home Buying Financing
      What To Consider Before Renting a RTO Home
      Market Reports
      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      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.

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      What To Consider Before Renting a RTO Home
      Home Buying Financing|posted 5 April 2024

      RTO homes can sometimes be tricky to understand. Here are the questions you should if you are considering a rent-to-own property.

      Charleston Real Estate Market Stabilizes in March 2024 Amid Fluctuations
      Market Reports|posted 4 April 2024

      The Charleston real estate market has displayed notable fluctuations in property values, with trends for sales volume, square foot costs, and average sale price showing a general upward trajectory.