60616 Home Values & Market Trends
There are 21 homes currently listed for 60616. 60616 real estate market trends show that home prices range from $105,000 to $1,450,000, and the median sales price in the 60616 zip code is $316,808.47. The total number of properties sold within the past twelve months is 575. In 60616, 37 properties are in foreclosure, 4 are bank owned properties,and 5 are headed for auction.
60616 Real Estate Market Overview
City | Median Est. Value |
---|---|
Chicago | $ 305,000 $ 243/sqft |
Housing Market Summary for 60616
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $335K | $284.9K | -14.96% |
Median Sold Price | $315.9K | $284.9K | -9.82% |
Homes For Sale | 25 | 22 | -12.00% |
Homes Sold | 334 | 269 | -19.46% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 60616
Browse Homes in 60616
The median list price of a home in Chicago, is $316,808.47. A total of 21 properties are for sale, and the percentage of properties for sale in the zip code is 21.00%. The total count of 60616 properties is 13,456.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in 60616 with chicago containing 2237 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60616; 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 60616 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 0.03% of properties in 60616. There is 1 cities within 60616; chicago containing 276 REO properties, has the highest number of bank owned properties in a single city.
- Auctionschicago has 453 auction properties, the highest number of properties going to auction in a single city in the state of 60616. Auction homes and other auction properties account for 0.04% of all properties in 60616. There is 1 cities within 60616; 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.
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Guide for 60616
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