Cicero, IL Home Values & Market Trends

Real estate market trends reflect that there have been 264 transactions over the past year in Cicero. The median value for residential home transactions that occurred over the previous year is $237,624.49. The number of current listings in Cicero is 14, and the percentage of properties for sale in the city is 14.00%. Cicero, IL currently has 24 properties in foreclosure, 4 bank owned properties, 13 properties headed for auction, and 14 properties for sale.

Cicero, IL Real Estate Market Overview

ZipMedian Est. Value
60804

$ 189,525

$ 156/sqft

Housing Market Summary for Cicero, IL

Mar 2023February 2024Change
Median Listing Price$229.9K$230.9K0.42%
Median Sold Price$245K$230.9K-5.77%
Homes For Sale71271.43%
Homes Sold15219427.63%
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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 Cicero, IL

Cicero home values range from $27,351 to $816,100. The median estimated value of a home in Cicero is $237,624.49. The median list price of a home is 269,500, and the total count of properties in the city is 8,790.

Foreclosure
There is 1 zips within Cicero, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $358,217 in 60804 to the lowest value of $77,900 in 60804. Foreclosure homes account for 0.00% of properties in Cicero, IL with 60804 containing 24 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Cicero, IL with 60804 containing 7 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Cicero, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $279,220 in 60804 to the lowest home value of $172,911 in 60804.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cicero, IL ranges from the highest value of $293,750 in 60804 to the lowest value of $77,900 in 60804. Bank owned homes and properties account for 0.05% of properties in Cicero, IL. There is 1 zips within Cicero, IL; 60804 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60804 has 13 auction properties, the highest number of properties going to auction in a single zip in the state of Cicero, IL. Auction homes and other auction properties account for 0.15% of all properties in Cicero, IL. There is 1 zips within Cicero, IL; of that zips, the median estimated home value for homes going to auction ranges from $358,217 in 60804 to the lowest value of $120,404 in 60804.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.16% of residential properties in Cicero, IL with 60804 containing 14 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Cicero, IL; homes for sale in that zips, have a range of median values from $459,000 in 60804 to the lowest value of $77,900 in 60804.
    Sold Homes
    The median value for recently sold homes ranges from $455,717 in 60804 to the lowest price of $39,200 in 60804. There is 1 zips within Cicero, IL. 60804 has 194 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.20% of properties in Cicero, IL.

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      Guide for Cicero, IL

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
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      Home Buying Financing
      How Much Should You Spend On Your First Home?
      Buy to Rent
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      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 home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Buying your first home is an exciting and significant milestone in life. It’s a decision that requires careful consideration, especially when it comes to finances. Understanding how much you should spend on your first home is crucial to ensure a smooth and stress-free buying process. In this article, we will explore the basics of home […]

      How To Choose The Right Property Management Tool
      Buy to Rent|posted 5 March 2024

      Learn how to select the perfect property management tool for your real estate business.

      6 Tips For Dealing With Difficult Tenants
      Buy to Rent|posted 5 March 2024

      Discover 6 practical tips to effectively handle challenging tenants and maintain a harmonious landlord-tenant relationship.