60642 Home Values & Market Trends
There are 10 homes currently listed for 60642. 60642 real estate market trends show that home prices range from $349,999 to $975,000, and the median sales price in the 60642 zip code is $458,601.24. The total number of properties sold within the past twelve months is 331. In 60642, 9 properties are in foreclosure, 1 are bank owned properties,and 2 are headed for auction.
60642 Real Estate Market Overview
City | Median Est. Value |
---|---|
Chicago | $ 295,000 $ 228/sqft |
Housing Market Summary for 60642
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $609K | $535K | -12.15% |
Median Sold Price | $469.8K | $535K | 13.89% |
Homes For Sale | 11 | 7 | -36.36% |
Homes Sold | 154 | 158 | 2.60% |
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 60642
Browse Homes in 60642
The median list price of a home in Chicago, is $458,601.24. A total of 10 properties are for sale, and the percentage of properties for sale in the zip code is 10.00%. The total count of 60642 properties is 4,806.
- Pre-ForeclosurePre-foreclosure homes account for 0.12% of all residential properties in 60642 with chicago containing 2228 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60642; 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 60642 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 0.02% of properties in 60642. There is 1 cities within 60642; 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 60642. Auction homes and other auction properties account for 0.04% of all properties in 60642. There is 1 cities within 60642; 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 60642
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
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