Thornton, IL Home Values & Market Trends

Real estate market trends reflect that there have been 51 transactions over the past year in Thornton. The median value for residential home transactions that occurred over the previous year is $148,255.7. The number of current listings in Thornton is 4, and the percentage of properties for sale in the city is 4.00%. Thornton, IL currently has 7 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 4 properties for sale.

Thornton, IL Real Estate Market Overview

ZipMedian Est. Value
60476

$ 90,566

$ 83/sqft

Housing Market Summary for Thornton, IL

Apr 2023March 2024Change
Median Listing Price$144.4K$163.3K13.10%
Median Sold Price$147.1K$163.3K11.04%
Homes For Sale22-
Homes Sold2219-13.64%
Price
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Homes For Sale
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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 Thornton, IL

Thornton home values range from $45,111 to $1,031,124. The median estimated value of a home in Thornton is $148,255.7. The median list price of a home is 185,000, and the total count of properties in the city is 905.

Foreclosure
There is 1 zips within Thornton, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $171,976 in 60476 to the lowest value of $129,370 in 60476. Foreclosure homes account for 0.00% of properties in Thornton, IL with 60476 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.66% of all residential properties in Thornton, IL with 60476 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Thornton, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $171,976 in 60476 to the lowest home value of $129,370 in 60476.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Thornton, IL 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 Thornton, IL. There is 1 zips within Thornton, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60476 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Thornton, IL. Auction homes and other auction properties account for 0.11% of all properties in Thornton, IL. There is 1 zips within Thornton, IL; of that zips, the median estimated home value for homes going to auction ranges from $162,574 in 60476 to the lowest value of $162,574 in 60476.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.44% of residential properties in Thornton, IL with 60476 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Thornton, IL; homes for sale in that zips, have a range of median values from $161,734 in 60476 to the lowest value of $45,111 in 60476.
    Sold Homes
    The median value for recently sold homes ranges from $281,887 in 60476 to the lowest price of $72,600 in 60476. There is 1 zips within Thornton, IL. 60476 has 30 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.31% of properties in Thornton, IL.

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      Guide for Thornton, IL

      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.

      Recently Listed Homes Thornton, IL

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