Loves Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 429 transactions over the past year in Loves Park. The median value for residential home transactions that occurred over the previous year is $172,846.82. The number of current listings in Loves Park is 23, and the percentage of properties for sale in the city is 23.00%. Loves Park, IL currently has 9 properties in foreclosure, 1 bank owned properties, 7 properties headed for auction, and 23 properties for sale.
Loves Park, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
61111 | $ 182,348 $ 125/sqft |
Housing Market Summary for Loves Park, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $187.8K | $158.9K | -15.39% |
Median Sold Price | $145K | $158.9K | 9.58% |
Homes For Sale | 21 | 19 | -9.52% |
Homes Sold | 234 | 229 | -2.14% |
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 Loves Park, IL
Browse Homes in Loves Park, IL
Loves Park home values range from $22,098 to $2,537,093. The median estimated value of a home in Loves Park is $172,846.82. The median list price of a home is 189,900, and the total count of properties in the city is 8,147.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Loves Park, IL with 61111 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Loves Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $330,631 in 61111 to the lowest home value of $330,631 in 61111.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Loves Park, IL ranges from the highest value of $145,512 in 61111 to the lowest value of $145,512 in 61111. Bank owned homes and properties account for 0.01% of properties in Loves Park, IL. There is 1 zips within Loves Park, IL; 61111 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions61111 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Loves Park, IL. Auction homes and other auction properties account for 0.09% of all properties in Loves Park, IL. There is 1 zips within Loves Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $271,500 in 61111 to the lowest value of $108,500 in 61111.
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Guide for Loves Park, IL
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