60616 Home Values & Market Trends
There are 26 homes currently listed for 60616. 60616 real estate market trends show that home prices range from $87,000 to $1,450,000, and the median sales price in the 60616 zip code is $291,762.26. The total number of properties sold within the past twelve months is 626. In 60616, 40 properties are in foreclosure, 5 are bank owned properties,and 6 are headed for auction.
60616 Real Estate Market Overview
City | Median Est. Value |
---|---|
Chicago | $ 295,000 $ 228/sqft |
Housing Market Summary for 60616
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $364K | $288.1K | -20.85% |
Median Sold Price | $315K | $288.1K | -8.54% |
Homes For Sale | 26 | 21 | -19.23% |
Homes Sold | 330 | 367 | 11.21% |
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 $291,762.26. A total of 26 properties are for sale, and the percentage of properties for sale in the zip code is 26.00%. The total count of 60616 properties is 13,420.
- Pre-ForeclosurePre-foreclosure homes account for 0.22% of all residential properties in 60616 with chicago containing 2228 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 $9,886,340 in chicago to the lowest home value of $19,844 in chicago.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 60616 ranges from the highest value of $6,317,055 in chicago to the lowest value of $28,606 in chicago. Bank owned homes and properties account for 0.04% of properties in 60616. There is 1 cities within 60616; chicago containing 291 REO properties, has the highest number of bank owned properties in a single city.
- Auctionschicago has 445 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 $2,656,000 in chicago to the lowest value of $31,187 in chicago.
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Guide for 60616
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