60647 Home Values & Market Trends

There are 33 homes currently listed for 60647. 60647 real estate market trends show that home prices range from $139,900 to $1,950,000, and the median sales price in the 60647 zip code is $489,638.15. The total number of properties sold within the past twelve months is 771. In 60647, 19 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.

60647 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 314,469

$ 249/sqft

Housing Market Summary for 60647

Apr 2023March 2024Change
Median Listing Price$547.5K$479.9K-12.35%
Median Sold Price$509.2K$479.9K-5.75%
Homes For Sale162875.00%
Homes Sold405365-9.88%
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 60647

The median list price of a home in Chicago, is $489,638.15. A total of 33 properties are for sale, and the percentage of properties for sale in the zip code is 33.00%. The total count of 60647 properties is 12,181.

Foreclosure
There is 1 cities within 60647; 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 60647 with chicago containing 2955 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in 60647 with chicago containing 2237 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60647; 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 60647 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 60647. There is 1 cities within 60647; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 456 auction properties, the highest number of properties going to auction in a single city in the state of 60647. Auction homes and other auction properties account for 0.02% of all properties in 60647. There is 1 cities within 60647; 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 0.27% of residential properties in 60647 with chicago containing 1156 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60647; 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 60647. chicago has 15599 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 3.21% of properties in 60647.

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      Guide for 60647

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      Market Reports
      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      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.

      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?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Tulsa Real Estate Rides Seasonal Wave: Property Values Dip to $272K in Early 2024
      Market Reports|posted 17 April 2024

      Tulsa’s real estate market shows sharp seasonal fluctuations, a high turnover rate, and a balance between higher-end and more affordable properties compared to its neighboring cities.