61111 Home Values & Market Trends

There are 19 homes currently listed for 61111. 61111 real estate market trends show that home prices range from $30,900 to $415,000, and the median sales price in the 61111 zip code is $173,156.48. The total number of properties sold within the past twelve months is 422. In 61111, 8 properties are in foreclosure, 2 are bank owned properties,and 6 are headed for auction.

Housing Market Summary for 61111

Mar 2023February 2024Change
Median Listing Price$201.4K$159K-21.05%
Median Sold Price$147.4K$159K7.85%
Homes For Sale2219-13.64%
Homes Sold231225-2.60%
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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 61111

The median list price of a home in Loves Park, is $173,156.48. A total of 19 properties are for sale, and the percentage of properties for sale in the zip code is 19.00%. The total count of 61111 properties is 8,098.

Foreclosure
There is 1 cities within 61111; within this cities, the median estimated home value for homes in foreclosure ranges from $161,500 in loves park to the lowest value of $108,500 in loves park. Foreclosure homes account for 0.00% of properties in 61111 with loves park containing 8 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 61111 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61111; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61111 ranges from the highest value of $145,512 in loves park to the lowest value of $132,152 in loves park. Bank owned homes and properties account for 0.02% of properties in 61111. There is 1 cities within 61111; loves park containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    loves park has 6 auction properties, the highest number of properties going to auction in a single city in the state of 61111. Auction homes and other auction properties account for 0.07% of all properties in 61111. There is 1 cities within 61111; of that cities, the median estimated home value for homes going to auction ranges from $161,500 in loves park to the lowest value of $108,500 in loves park.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.23% of residential properties in 61111 with loves park containing 19 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61111; homes for sale in that cities, have a range of median values from $385,000 in loves park to the lowest value of $120,000 in loves park.
    Sold Homes
    The median value for recently sold homes ranges from $653,530 in loves park to the lowest price of $28,535 in loves park. There is 1 cities within 61111. loves park has 223 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.70% of properties in 61111.

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      Guide for 61111

      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Wholesale
      4 Tips on How To Buy a House Wholesale
      A new home
      Home Buying Financing
      How Much Should You Spend On Your First Home?
      California
      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      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.

      4 Tips on How To Buy a House Wholesale
      Wholesale|posted 8 March 2024

      Looking to buy a house wholesale? Discover 4 essential tips to navigate the wholesale real estate market successfully.

      A new home
      How Much Should You Spend On Your First Home?
      Home Buying Financing|posted 6 March 2024

      Learn about the key factors to consider when determining how much to spend on your first home.

      Oakland Real Estate Market Experiences Cooling Trend After 2023 Peak: Overview & Analysis
      California|posted 6 March 2024

      Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.

      Recently Listed Homes 61111

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