60640 Home Values & Market Trends

There are 24 homes currently listed for 60640. 60640 real estate market trends show that home prices range from $79,900 to $2,799,000, and the median sales price in the 60640 zip code is $295,200.64. The total number of properties sold within the past twelve months is 784. In 60640, 23 properties are in foreclosure, 1 are bank owned properties,and 5 are headed for auction.

60640 Real Estate Market Overview

CityMedian Est. Value
Chicago

$ 313,250

$ 246/sqft

Housing Market Summary for 60640

Apr 2023March 2024Change
Median Listing Price$189K$273.8K44.86%
Median Sold Price$293.1K$273.8K-6.58%
Homes For Sale2719-29.63%
Homes Sold432382-11.57%
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 60640

The median list price of a home in Chicago, is $295,200.64. A total of 24 properties are for sale, and the percentage of properties for sale in the zip code is 24.00%. The total count of 60640 properties is 13,593.

Foreclosure
There is 1 cities within 60640; 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 60640 with chicago containing 2961 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.13% of all residential properties in 60640 with chicago containing 2245 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 60640; 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 60640 ranges from the highest value of $6,735,107 in chicago to the lowest value of $33,259 in chicago. Bank owned homes and properties account for 0.01% of properties in 60640. There is 1 cities within 60640; chicago containing 257 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    chicago has 459 auction properties, the highest number of properties going to auction in a single city in the state of 60640. Auction homes and other auction properties account for 0.04% of all properties in 60640. There is 1 cities within 60640; 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 $34,299 in chicago.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.18% of residential properties in 60640 with chicago containing 1165 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 60640; 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 60640. chicago has 16077 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.95% of properties in 60640.

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      Guide for 60640

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      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.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes 60640

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